that zone where buyers and sellers will battle for the direction of the price.
However, one should remember that with each new Forex tool added complexity can appear; and a very complex approach is not always good.
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Its jim brown forex very easy to kind of see the letters W or M in daily chart action, but that doesnt mean its a good WhaM pattern! Entry rules: sell, when the DI line is below the -DI line, and Parabolic SAR gives sell signal. Edward Revy, m copyright Forex Strategies Revealed, forex trading strategy #5 (Stochastic lines crossover) up, forex trading strategy #7 (Simple macd crossover). The support has turned into resistance and the resistance has turned into support. This, in turn, means that it will be less likely that we see the reaction we want.
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