This is the perfect example of Momentum but you can not trade only on momentum, You need to combine all price action tools for analysis like Trendline,Support & Resistance zones, Price patterns etc.
If you are a price action trader then you have to trained yourself to locate this type of price action movement.i am doing the same thing again n again and it helps me to identify the price structure.
If you are a price action trader then you have to trained yourself to locate this type of price action movement.i am doing the same thing again n again and it helps me to identify the price structure.