Here I show you 3 out of the 4 interbank algorithm price deliveries.
All markets start in a consolidation. The markets are
building up orders to soon take off in the direction
of the most orders (Buy orders/Sell orders).
After consolidation markets will gear up for expansion.
After expansion the market can do three things, consolidate
retrace back to where it originally came from or go into
a reversal pattern.
Here we see mainly 3 out of the 4 shown by price action.
Study this as this is the building blocks to forex and any
traded market you decide to enter.
All markets start in a consolidation. The markets are
building up orders to soon take off in the direction
of the most orders (Buy orders/Sell orders).
After consolidation markets will gear up for expansion.
After expansion the market can do three things, consolidate
retrace back to where it originally came from or go into
a reversal pattern.
Here we see mainly 3 out of the 4 shown by price action.
Study this as this is the building blocks to forex and any
traded market you decide to enter.