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Username: LuckyMan

Rating:
Guru Stars

Asked to: Jun Wang

Date Created: 25 Dec 2014
Category 17
Tag Forex
Question What is fractal?
Advice from Guru
Hi Lucky Man,

A fractal is an indicator which shows points of possible market reversal on the chart. Traders use fractals for determining the direction of future price movement.

A fractal is formed on a pattern which consists of at least five bars. It marks the point at which the price could not fall below (bearish fractal) or rise above (bullish fractal).

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