CMF is a South African forex academy that teaches traders about price movement using the RTM approach. The document discusses continuation patterns such as rally base rally, drop base drop, rally drop rally, and drop rally drop. Each pattern has three parts: a rally or drop, a base or range, and an acceleration. Examples of each pattern are provided with annotated charts.
CMF is a South African forex academy that teaches traders about price movement using the RTM approach. The document discusses continuation patterns such as rally base rally, drop base drop, rally drop rally, and drop rally drop. Each pattern has three parts: a rally or drop, a base or range, and an acceleration. Examples of each pattern are provided with annotated charts.
CMF is a South African forex academy that teaches traders about price movement using the RTM approach. The document discusses continuation patterns such as rally base rally, drop base drop, rally drop rally, and drop rally drop. Each pattern has three parts: a rally or drop, a base or range, and an acceleration. Examples of each pattern are provided with annotated charts.
Structure (BMS) Module Code – CMF 101 “Trade with discipline and respect the market”. If Myante ABOUT US Chart-Master FX
CMF is a forex academy based in South Africa
that seeks to help traders understand the movement of price. The goal is to help traders to become consistently profitable. Our trading approach is rooted in RTM.
3 Chart Master 2021
Think like an institutional trader
Rally Base Rally o A rally base rally is a continuation pattern. o It is comprised of three parts; Rally, Base (Demand) and Acceleration (ACC). o The base is also called a demand zone. o FTB (First Time Back) simply means the first visit of price to the zone of interest. o The base usually consists of 1 or 2 candles.
4 Chart Master 2021
Think like an institutional trader
Drop Base Drop o A drop base drop is a continuation pattern. o DBD is comprised of three parts; Drop , Base (Supply) and Acceleration (ACC). o The base is also called a supply zone.
5 Chart Master 2021
Think like an institutional trader
Rally Drop Rally o The RDR is a crucial component of the WRFL. o It is comprised of three parts; Rally, Drop (Wide Range) and Acceleration.
6 Chart Master 2021
Think like an institutional trader
Drop Rally Drop o The DRD is an important component of WRFL. o The DRD is comprised of three parts; Drop, Rally (Wide Range) and Acceleration.