Ali-Davoodi

FTR Setup - Long

Education
Ali-Davoodi Updated   
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
What is FTR?

FTR in forex refers to fail to return. An important price action term used to do technical analysis of currency pairs in forex.
Simply by its mean, price broke an important level but failed to return from that level. It is called FTR (fail to return).

In the picture, I tried to explain this important trading setup simply and completely.
Comment:
These rules also apply to the bearish mode.
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