Zigzag Pattern and Similar Indicators in Forex World

Okay...for this week let's discuss about zigzag pattern in forex graph. You can see it in all pairs as shown below:












This happen because price has created 'peak' and 'valley' on that day. No matter what timeframe u got on your platform, it really happen. Now as a trader you must tell yourself how u gonna acknowledge this? The picture above is a default graph or naked graph (because there is no indicator to show that zigzag pattern, i drew it myself).

If you need indicator, there are plenty of indicators that can assist you about this. When the peak has confirmed, you open SELL position. When the valley has confirmed, you open BUY position.

These indicators related to peak n valley signal :












Fractal












3 Level ZZ











High low V2 Zigzag

If you need this indicator, you can email me at mmaker14@yahoo.com

Next week : Discuss more about peak and valley technique!