Please help each other to find the best direction changing patterns.
To me, finding direction change is the primary work
only then selection of entries & exits.
There could be some special indicators but I heavily rely on zigzag, horizontal and slanted (trend) lines.
Zigzag and Fractals are laging indicators but they help us to see HH, LH, LL & HL, they help us find horizontal (neck) lines and slanted (trend) lines and they help us see various patterns.
Basically HandD (head & shoulder) is expanded form of fractal and so are Quasimodo and 5-0.
However, there are a few different variations.
Fractals are turning points.
To me, finding direction change is the primary work
only then selection of entries & exits.
There could be some special indicators but I heavily rely on zigzag, horizontal and slanted (trend) lines.
Zigzag and Fractals are laging indicators but they help us to see HH, LH, LL & HL, they help us find horizontal (neck) lines and slanted (trend) lines and they help us see various patterns.
Basically HandD (head & shoulder) is expanded form of fractal and so are Quasimodo and 5-0.
However, there are a few different variations.
Fractals are turning points.