We use chart analysis to identify high
probability support and resistance levels.
Not exact matches
If you get a signal that forms after a retrace to a
support or
resistance level within a trend, that signal has formed at a high -
probability point within that trend,
and at that point it definitely has confluence.
The inclusion of
support and resistance levels (red horizontal line on our chart), along with some basic indicators, ramps up our chances of winning, thus yielding a «High
Probability Fibonacci Forex Strategy.»