Nigeria
2024-12-20 22:44
IndustryUnderstanding Forex Market Structures
The forex market operates on three primary structures: trend, range, and breakout. These structures help traders identify price movement patterns and make informed decisions. A trend market shows consistent upward or downward price movement, ideal for trend-following strategies. A range market occurs when prices oscillate between support and resistance levels, suitable for range trading strategies. A breakout market signifies a price movement beyond established levels, often indicating new trends or volatility spikes. Understanding these structures enables traders to align strategies with prevailing market conditions.
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Understanding Forex Market Structures
Nigeria | 2024-12-20 22:44
The forex market operates on three primary structures: trend, range, and breakout. These structures help traders identify price movement patterns and make informed decisions. A trend market shows consistent upward or downward price movement, ideal for trend-following strategies. A range market occurs when prices oscillate between support and resistance levels, suitable for range trading strategies. A breakout market signifies a price movement beyond established levels, often indicating new trends or volatility spikes. Understanding these structures enables traders to align strategies with prevailing market conditions.
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