This follows along the lines of the Fibonacci sequence (i.e. 1, 3, 5, 8, 13 etc.) Traders use the sequence over their price charts to predict possible future market rates.
Forex Overlapping Fibonacci Trade
This is a step up from the Daily Fibonacci Pivot Trade and requires the trade to map Fibonacci sequences over the same trend but at different points. If the points match up, it indicates a strong area of support.
Trading the Forex Fractal
Fractals are patterns recognised by traders as confirming a reversal. In a bullish turn, a fractal looks like a dip in the middle, sided by higher points. In a bearish turn, a peak forms with lower points on either side.
The opposite of Pop ‘n’ Stop, where an asset falls, wavers and moves in a clear direction. Get the timing right, and you may benefit.
A Pop ‘n’ Stop is where traders take advantage of a quick, and often short-lived, breakout from a tight range, that could otherwise be missed. Traders will pick up on price action theories and rejection bar candle patterns to recognise this opportunity.