요약:How Forex traders can use the charts as a road map to figure out the most likely price path?
How Forex traders can use the charts as a road map to figure out the most likely price path?
Supply and demand leaves a trail on the chart (past price). Traders can analyse that trail (price movement) and use it as a road map to understand what the next price movement could be. Analysing past price (past path of least resistance) helps traders estimate and forecast what the next step or two could be. Based on that, traders can then assess whether there are any interesting potential trade setups within that expected path.
The financial markets in general and the Forex market in specific are in a continuous tug of war between sellers and buyers (supply and demand). This creates price waves that are visible on almost all charts.
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