FTR Setup - Long
Updated
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.
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.Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.