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Forex price action swing trading strategy

forex price action swing trading strategy

miss out on a lot online forex trading switzerland of potential profit, which is obviously not good. In the image below you can see the first candle in the reversal trend closing far from support. But first, we need to define some rules for support and resistance areas. How to Spot a Reversal Trade Reversals occur quite often, but if you do not know what to look for, you cannot trade them. Reversals are one of the strongest price action setups, and one of the easiest to trade. And placing them is easy. Im sure it also is a dream of many people. The more recent the bounce the more important.

In the image above the support area is before my minimum target.5 R is met so I skip the trade. Now that you know how to enter, you need to know where to set your target. Why does this happen though? However, these days I trade more price action setups. It really has seen it all.