rozela99

DO YOU KNOW HOW TO READ PRICE ACTION? #3

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
16 0 0
now that we have found support and resisitance we cna             start o look for a Higher High Higher Close or a Lower Low Lower Close. In this exaple we got a Higher High Higher Close.

Now draw a line from the lowest low of your support to your most recent high. Lable this point as HHHC.
We dont have a trade just yet but, we now know we want to look for a long entry.

We must now wait for a New Structure High.
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