Price Action : FTR SPOT Buy Signal
Youtube Video : What is FTR - FTB
FTB (First Time Back) is a term used in the forex market to describe the retest of a previously formed Fresh Zone (FTR) by the price. When a new FTR zone is formed and remains untouched, the price may later come back to this zone to pick up orders before continuing its movement. This return to the FTR zone is referred to as FTB in forex&crypto
To identify a strong FTR zone, it is important to consider certain important supply and demand patterns. These patterns can provide insights into areas of significant buying or selling interest, indicating potential areas where the price may retest in the future.
Undertanding and recognizing these patterns can be subjective and may vary from trader to trader. Each trader may have their own set of criteria and analysis methods to identify strong FTR zones based on their individual perspective and experience.
It is essential to conduct thorough research, learn from experienced traders, and develop your own trading strategies that align with your understanding and beliefs. Forex trading involves risks, and it is crucial to carefully evaluate market conditions, manage risk effectively, and make informed trading decisions.
Disclaimer: The information provided is for informational purposes only and should not be considered as financial advice. Trading forex&crypto involves risks, and you should seek professional advice if needed.
STRATEGY 1 Examples :
