Good day guys this is to explain how real life market structure work and how the market maker manipulate your thoughts
First thing when you are analysing on the market make sure you identify the key zones first.
What's the key zone. A key zone in an uptrend is the lows( higher low) that makes the market to form another high which is higher than previous high. While in downtrend it's an High that makes the market to form another new low which is lower than previous low.
They are important when you are analysing market.
Now when you are analysing the market. Make sure you identify the trend in higher time frame. Because retracement in an uptrend will look like downtrend.. but once you know the key zone you won't be confused.
Breaking of trend line is not really a reversal. Before you consider it as a reversal check if it violated your key zone. Or else it's just a manipulation.
First thing when you are analysing on the market make sure you identify the key zones first.
What's the key zone. A key zone in an uptrend is the lows( higher low) that makes the market to form another high which is higher than previous high. While in downtrend it's an High that makes the market to form another new low which is lower than previous low.
They are important when you are analysing market.
Now when you are analysing the market. Make sure you identify the trend in higher time frame. Because retracement in an uptrend will look like downtrend.. but once you know the key zone you won't be confused.
Breaking of trend line is not really a reversal. Before you consider it as a reversal check if it violated your key zone. Or else it's just a manipulation.