Hello guys
this is educational post and most important for any Traders
these two movement have same move As the making HH and HL but in the first one the power of buyers and bullish are diminishing because for the condition of movement , if you see this movement is going like this and its near the support or resistance zone it means the chance of change trend is more than continuing the last trend .
But in second condition we are making HH and then pullback and make HL then HH and ... but in this movement the price rise then some rest and after that Buyer power is accumulated and jump the price
These two movement are making HH and HL but these differance and condition of movement is important , be careful for the movement and you can see it like in BTCUSDT movement in 1D time frame before fall down from 65k to 30k and more example in any chart you can see
Good Luck
Abtin
this is educational post and most important for any Traders
these two movement have same move As the making HH and HL but in the first one the power of buyers and bullish are diminishing because for the condition of movement , if you see this movement is going like this and its near the support or resistance zone it means the chance of change trend is more than continuing the last trend .
But in second condition we are making HH and then pullback and make HL then HH and ... but in this movement the price rise then some rest and after that Buyer power is accumulated and jump the price
These two movement are making HH and HL but these differance and condition of movement is important , be careful for the movement and you can see it like in BTCUSDT movement in 1D time frame before fall down from 65k to 30k and more example in any chart you can see
Good Luck
Abtin