1 A possible range that the price decides to play in between. Still a fresh range, wait for a reaction from price to confirm the existence of the range.
2 Buy structure that guided the price to move upwards. The purpose of these structures are there to help to spot possible upcoming momentum.
3 Act as a stopper for price to move forward. A breakout and retest from this stopper will signify price has decided to leave this range for the next decision point.
4 Stopper for a possible reaction. Do take note when price arrives on this stopper and observe how price reacts on it.
5 Fake movement which mislead the sellers to participate. Dont try to against the price when the movement is very direct and strong.
2 Buy structure that guided the price to move upwards. The purpose of these structures are there to help to spot possible upcoming momentum.
3 Act as a stopper for price to move forward. A breakout and retest from this stopper will signify price has decided to leave this range for the next decision point.
4 Stopper for a possible reaction. Do take note when price arrives on this stopper and observe how price reacts on it.
5 Fake movement which mislead the sellers to participate. Dont try to against the price when the movement is very direct and strong.