Price movement is a series of tops and bottoms, the price runs from one bottom/top to another is called a cycle and each cycle has the similar length. MetaTrader has an excellent tool to help you identify the market cycles.
Now we use EURUSD 4 hours chart to explain how to find the market cycle bottom.
Step 1: Run MetaTrader, look at the EURUSD chart and mark up the important bottoms.
Step 2: Press the “cycle line” button on the tool bar to draw a series of vertical line. Make sure every vertical line is near to the import bottoms.
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