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Forex Short Term BUY SELL Zone TrendLine Break “Price Action” System


High Accuracy “Short-Term BUY SELL Zone TrendLine Break System” – Drawing trendlines require knowledge of Price Action.

A trendline is one of the basic components of most technical analysis patterns. To construct a trendline, simply connect either the high prices or low prices on an asset’s chart. The resulting line is the trendline.

  • Best Time Frame: H4 or higher
  • Currency Pairs: Any

 

MetaTrader Trading Indicator
  • BUY Zone Fibs
  • SELL Zone Fibs
  • 9SquaredMM
  • Williams’ Percent Range

 

BUY Rules

Trading NOTES

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  • BUY Zone Fibs: Price closed above the BUY Zone Fibs line
  • Williams’ Percent Range: The WPRs’ line on the BUY Zone area
  • TrendLine Break: Price break the downtrend line

 

SELL Rules

  • BUY Zone Fibs: Price closed below the SELL Zone Fibs line
  • Williams’ Percent Range: The WPRs’ line on the SELL Zone area
  • TrendLine Break: Price break the uptrend line

 

Trading NOTES

A trendline is probably the most basic tool in the technical trader’s toolbox. They are easy to understand and can be used in combination with any other tools you might already be using.

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