Price moves because of the war between the bulls & bears. Direction is decided by who takes the control. Generally whenever price is nearing support or resistance, the intensity of the war between bulls and bears increase. Therefore price consolidates. I have marked it in yellow rectangle box and that area is known as "price rotation". Still the bear trend have not changed. Check the yellow dotted line. price is still rotating at this level. At this price rotation area, do not get confused with "tails" or "upper wick". Look for the nearest support/resistance and
confirm the trend before entering the trade.
Hit LIKE button for Live Alert/Notification.
confirm the trend before entering the trade.
Hit LIKE button for Live Alert/Notification.
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Role I play here : Moderator. Follow me in telegram to trade better. t.me/Analysis4Newbie Contact information : tradingplan4u@gmail.com
相关出版物
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这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
