What is Terminal Bar in HT HD

Video explains the concept of terminal bar - terminal candle. Terminal Bar is a candle that clears all/last (the furthest) numbers of PRZ (potential reversal zone) making formation valid and ready to be traded. In FormationSeeker software terminal bar is marked as a candle bar with a white body. After terminal bar completes a trader suppose to look for the entry based on price action, oscillators (RSI). Two basic entries are called: Type 1 and Type 2. We already talked about Type 1 reversal in the previous video. Type 2 entry is happening right now as this video is recorded on #EURUSD D1 (H4 as well), but there will be a separate video about it next week. To try FormationSeeker Platform - Harmonic Scanner and Harmonic Traders Community - follow this link: https://goo.gl/PVQDyY If you interested in performance, you can look it up here: http://forex-entourage.com/#tf-about