How to analyze chart for good long and short holds using $Link
Today I will be teach on how to analyze Chart for possible Long/Short holds.
We have three stages of market structure:
>Distribution
>Accumulation
>Distribution
Before you go into any trade, look at the higher time frame (1W 1D 4H) for a clear view of the market structure.
Don't get this twisted, Accumulation stage can form either at the top to drive a bearish move to the downside or at the bottom to produce a bullish move to the upside distribution.
When the market structure start to form small EQH and lows swing after a long bullish move to the top or bearish move to the bottom, this totally mean that lots of people are accumulating in that zone.
Look for a buy/sell option when you see this, it works perfectly for spot trading and it's less risky and more profitable for people trying to grow their accounts.
Good luck Traders 😊
We have three stages of market structure:
>Distribution
>Accumulation
>Distribution
Before you go into any trade, look at the higher time frame (1W 1D 4H) for a clear view of the market structure.
Don't get this twisted, Accumulation stage can form either at the top to drive a bearish move to the downside or at the bottom to produce a bullish move to the upside distribution.
When the market structure start to form small EQH and lows swing after a long bullish move to the top or bearish move to the bottom, this totally mean that lots of people are accumulating in that zone.
Look for a buy/sell option when you see this, it works perfectly for spot trading and it's less risky and more profitable for people trying to grow their accounts.
Good luck Traders 😊