Very good momentum signal with lots of confluence, Always use proper money and trade management before entering a trade
We can see a momentum shift signal from top, first learn how to trade price action and then you can also trade withount any indicator.
Wait for break below 580 then look for sell signal, Do not force to trade without confirm setup
Price dropped with momentum from resistance zone.
Very common price action structure with momentum, There is a different trade managaement and money management behind the setup so do your own analysis before taking trades
Very good price structure with momentum
Waiting for the trendline break with momentum.
Do not try to take trade very early, Wait for clear sell signal, Learn to create your own setups to trade
We can see the HH and HL fromtion in the past but also there is a lack of momentum to going up and we have got our first LL,Now we need a LH for enter in the trade.
I always wait for this kind of price action formation because its very simple and also very common pattern in the formation of HH HL, There is a Trendline acting as a support, Now I need a break of counter trendline to take a trade.
We have seen some possible setups in the market, So I have decided to share my some knowledge to other traders who want to understand price action analysis and I suggest to the new trader to do not make analysis more complicated, make it simple. I hope it will help and this video is for education purpose only, I do not recommend to anyone for buy or sell, Do your...