In this video, you will learn about finding high probability reversal points in forex trading.
For example, look at the USD/CAD chart. With this strategy, you will be aiming to find high probable points using support and resistance levels. Look at this point. As you can see, the market finds resistance here, moves down, and breaks to the upside. Now, you can draw a horizontal line using the tool on the MetaTrader platform.
The market then pulls back to this level, finds support, and moves upwards. This level is seen as a level of rejection by the bulls. Broken resistance has now become support. This is your high probability entry point to go long with your