Hello Traders!
Here we can see price breaks a swing high.
This makes be think bullish "momentum". However, I must see a higher swing low form.
We do get a higher swing low and it's 3rd candle's high has been broken.
This is where I look for buying opportunities now.
Simplest thing to do is buy below M.O.P or buy below tight range Asian session low.
This could be a turning point back to higher prices.
Here we can see price breaks a swing high.
This makes be think bullish "momentum". However, I must see a higher swing low form.
We do get a higher swing low and it's 3rd candle's high has been broken.
This is where I look for buying opportunities now.
Simplest thing to do is buy below M.O.P or buy below tight range Asian session low.
This could be a turning point back to higher prices.