Here I’ll help you understand price!
From the top red circle this is from the fake inverted hs that traders sold. As the market manipulation traders to trade against the new trend by feeding them what they want- to buy back into a trend! In which those orders was used to break price lower! That’s why we have that beatification of a high tail. I told traders weeks before this happen to look for a sale at the extremes and I even market up that zone which is exactly where the sale had started . if you had listen n did that would had been winning rn! As the best trades are at the extremes. And you sell Down into the middle. And stay out the middle.
Now understand the bears did this for control so we must expect that they will defend their progression! So let’s keep that in mind cus to break the daily mvwap isn’t a walk in the park it takes several attempts and we should expect the same for the bulls to get back.
Next let understand to get back over is the bulls agenda While yours maybe in a new high. The bulls are just trying to even the grounds so keep this in mind!
So now we understand the psychology we can look at price and hunts these psychological movements in price and judge them to forecast the possible outcomes!
So notice this structure in white.. it has a purpose! Let me help you see the chart clearer.
Notice it didn’t make any high attempts as it was a bullish move.
Now notice these two blue lines here. They both represent selling pressure!
Notice the strength difference between the two. Notice the first has longer momentum candles with no bull candles in its drop. Notice the second blue line we see smaller bear candles and bull candle introduced in its drop!
Now notice the distance from the white structure from the first blue line and notice the distance from the structure from the second blue line.
Look at the orange arrows before and after the structure.
Notice where the first blue line drop stop at.
Notice that same line is now where the bulls are at.
Notice how this support line is significant to the market! As there are 3! And ONLY 3. Resistance and support in the market
1. Price fluctuations
2. High vol
3, doji with long wick
And here this line stop a price fluctuation drop with high vol!
Now notice how the bulls push through it to use it as support. They use a high price increase with high vol to break above( look at that candle in green and compare the other bull candles
Do you see the difference now ! Again there are only 3 knowing this and accepting it will only help you focus on what goin on in the chart. Accept it or not idc but it’s factual!
Now back to this white circle structure.
What do you think it purpose was? Think on it cus having good price action skills required us to think on what price is doing over relying on lines and patterns etc to make decisions for us.
Let’s put it all together
So This structure only purpose was to split the selling pressure up from the bearish initial drop . It goal wasn’t to make a high attempt but to pave the way for price to return later thus this Structure will be support to catch price drop when it tries to take cross over the average .in the future!
Notice the yellow arrows how close the first one is to the bears drop and how far the bulls manage to move away from that drop after the structure was made. With the second yellow arrow The further price is from any type of strong pressure it increasing it probability rate to beat that pressure!
Now notice the black line. What did price do after it crossed over! It rest it pullback.WHY? as that line is market resistance it took effort to get over it thus it pullback to it to gather itself. And let me tell you what I seen during this action. Sale eurusd and I just 🤦🏾♂️. If they understand these gems I b presenting they would knew it’s a buy right now and any sale will be use to push up to it goal which is to get back on the other side of the average! Think I’m bs when I say what I say in these post brah.
Look at the chart here in yellow what do you see? Price is jumping up n down gaining momentum to do what? Look at the pink circle and what do we see? The average!
As what I say when a trader should trade and where they shouldn’t ..don’t know?
Trade at the extremes and stay out the middle! So if you see the pair as failing to get over you should only be looking to short at the extremes where that failure will take place! If you think the bulls will take it out you should only look to buyas price jumps at the average thus giving u a small sl with the reward of catching the reversal! Or you buy Where the buys first gathered at the low And stay out the middle cus the middle is filled with hunts and unnecessary annoying retracements! And the lack of understanding this is why traders have short targets and seek small market pips it had nothing to do with risk to reward cus every time you enter the market u take a risk! It’s about taking the right risk. As there’s some clever trader sitting at the top of the drop of this pair selling down with smart money Collecting and reduced his risk by limiting how often he enter the market and where he enters at . The best opportunity is at the extremes stick to the outside! Gl
And I hope you understand and can start to learn how to read price!
From the top red circle this is from the fake inverted hs that traders sold. As the market manipulation traders to trade against the new trend by feeding them what they want- to buy back into a trend! In which those orders was used to break price lower! That’s why we have that beatification of a high tail. I told traders weeks before this happen to look for a sale at the extremes and I even market up that zone which is exactly where the sale had started . if you had listen n did that would had been winning rn! As the best trades are at the extremes. And you sell Down into the middle. And stay out the middle.
Now understand the bears did this for control so we must expect that they will defend their progression! So let’s keep that in mind cus to break the daily mvwap isn’t a walk in the park it takes several attempts and we should expect the same for the bulls to get back.
Next let understand to get back over is the bulls agenda While yours maybe in a new high. The bulls are just trying to even the grounds so keep this in mind!
So now we understand the psychology we can look at price and hunts these psychological movements in price and judge them to forecast the possible outcomes!
So notice this structure in white.. it has a purpose! Let me help you see the chart clearer.
Notice it didn’t make any high attempts as it was a bullish move.
Now notice these two blue lines here. They both represent selling pressure!
Notice the strength difference between the two. Notice the first has longer momentum candles with no bull candles in its drop. Notice the second blue line we see smaller bear candles and bull candle introduced in its drop!
Now notice the distance from the white structure from the first blue line and notice the distance from the structure from the second blue line.
Look at the orange arrows before and after the structure.
Notice where the first blue line drop stop at.
Notice that same line is now where the bulls are at.
Notice how this support line is significant to the market! As there are 3! And ONLY 3. Resistance and support in the market
1. Price fluctuations
2. High vol
3, doji with long wick
And here this line stop a price fluctuation drop with high vol!
Now notice how the bulls push through it to use it as support. They use a high price increase with high vol to break above( look at that candle in green and compare the other bull candles
Do you see the difference now ! Again there are only 3 knowing this and accepting it will only help you focus on what goin on in the chart. Accept it or not idc but it’s factual!
Now back to this white circle structure.
What do you think it purpose was? Think on it cus having good price action skills required us to think on what price is doing over relying on lines and patterns etc to make decisions for us.
Let’s put it all together
So This structure only purpose was to split the selling pressure up from the bearish initial drop . It goal wasn’t to make a high attempt but to pave the way for price to return later thus this Structure will be support to catch price drop when it tries to take cross over the average .in the future!
Notice the yellow arrows how close the first one is to the bears drop and how far the bulls manage to move away from that drop after the structure was made. With the second yellow arrow The further price is from any type of strong pressure it increasing it probability rate to beat that pressure!
Now notice the black line. What did price do after it crossed over! It rest it pullback.WHY? as that line is market resistance it took effort to get over it thus it pullback to it to gather itself. And let me tell you what I seen during this action. Sale eurusd and I just 🤦🏾♂️. If they understand these gems I b presenting they would knew it’s a buy right now and any sale will be use to push up to it goal which is to get back on the other side of the average! Think I’m bs when I say what I say in these post brah.
Look at the chart here in yellow what do you see? Price is jumping up n down gaining momentum to do what? Look at the pink circle and what do we see? The average!
As what I say when a trader should trade and where they shouldn’t ..don’t know?
Trade at the extremes and stay out the middle! So if you see the pair as failing to get over you should only be looking to short at the extremes where that failure will take place! If you think the bulls will take it out you should only look to buyas price jumps at the average thus giving u a small sl with the reward of catching the reversal! Or you buy Where the buys first gathered at the low And stay out the middle cus the middle is filled with hunts and unnecessary annoying retracements! And the lack of understanding this is why traders have short targets and seek small market pips it had nothing to do with risk to reward cus every time you enter the market u take a risk! It’s about taking the right risk. As there’s some clever trader sitting at the top of the drop of this pair selling down with smart money Collecting and reduced his risk by limiting how often he enter the market and where he enters at . The best opportunity is at the extremes stick to the outside! Gl
And I hope you understand and can start to learn how to read price!