https://www.youtube.com/watch?v=1absWKwz6iY
TL;DR — This video introduces a simple FX trading strategy using the ZigZag indicator to identify high and low points, aiming to capture trend reversals and breakouts. The method involves drawing horizontal or trend lines at key ZigZag-identified levels and entering trades when price breaks through these lines, with a focus on managing risk by adjusting stop-loss levels as new highs or lows are formed.
Takeaway — The ZigZag indicator provides a clear visual reference for price action, enabling a straightforward breakout and trend-continuation trading strategy with effective risk management.