Thank you for the great article. Indicators aren’t that great of a help if a trader does not know how to analyse price action charts. That is why indicators shouldn’t be a prime source on which traders solely realise on.
Traders use candlestick pattern to work out support and resistance zone level based history like horizontal line or trendline. They can also use Fibonacci retracement to figure out level SnR, here trader use reversal pattern like focus on reversal pattern candle like as hammer.
When it comes to forex trading, one of the most important things that beginners need to understand is the concept of trend indicators. Simply put, trend indicators are tools that help traders measure the volume of a given market. By using trend indicators, traders can get a better sense of where the market is heading and make more informed decisions about their trades.