
Zigzag Support and Resistance Pin Bar Bounce Forex Trading Strategy for MT5 FREE Forex MT4 Indicators
In this strategy, we will be trading a reversal strategy which makes use of price action, support and resistance levels, as well as candlestick patterns. However, we will be using technical indicators which can act as tools to help us identify such key support and resistance levels, as well as the entry signals associated with reversals from these levels. Swing Highs and Swing Lows as Support and Resistance Swing Highs and Swing Lows are key levels where the market had a drastic price reversal. It is at these points where the market would either temporarily see a price level as being too high or too low, which would often lead to a sell off or a buyout. This then causes price action to reverse to the opposite direction thus forming the swing highs or the swing lows. Since swing highs are price levels which the market saw as being too high, there is a high chance that the market would still view it as being too high as price revisits these levels. For this reason we could also assume