Forex Zone - Forex Forum

rally base drop strategy

Discussion started on Trading Systems

  • Hero Member
  • Posts: 5458
  • Points: 1753
  • Likes Received: 547
  • Reputation: +22/-18
Rally base drop strategy. Rally base drop is a term for price action traders, especially supply-demand adherents, the technique is usually used to identify the reversal of a chart chart, marked by an uptrend then sideway and ends with a downward drop as the name implies, but we must be observant because not all charts like that are called rally base drop must be accompanied by additional confirmation, I will give an example

Linkback: https://www.forex.zone/trading-systems/10/rally-base-drop-strategy/3449/
#1 - July 03, 2021, 01:20:51 AM
Attachments:

  • Sr. Member
  • Posts: 365
  • Points: 624
  • Likes Received: 2
  • Reputation: +0/-0
hello Torocco, GBPUSD potentially to bearish trend, sell limit at 1.3880
#2 - August 07, 2021, 01:05:08 AM

Members:

0 Members and 1 Guest are viewing this topic.