Fractals are a great tool for technical analysis that can significantly improve your trading plan and forex trading strategies. Fractals are a very useful forex technique:
- They provide good entry techniques;
- More importantly, they show the levels for stop losses.;
- Fractals – natural support and resistance levels;
- Fractals on the higher tafmyrems can display the main levels;
- Fractals can be useful when placing Fibonacci retracement levels;
- And one last thing: fractals do a great job of determining the trend (without bias).