is easy, guys, because when we are in a bull market, we are making higher highs and higher lows. We are going to go through charts, so you better understand these later on the lesson. What is market structure, guys?
Forex market structure AND market
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Why are we saying that we break immediate market structure? They provide more information about potential reversals, trend corrections, trend continuations, ranges, and breaks out of ranges. This is why a bitcoin will become the new gold developed trading mindset is everything. . For instance, a continuation chart pattern like a bull flag could indicate that the S R level might break once the momentum picks up speed again. This is the basic market structure of a bull move. The most important high is right here. This is because understanding market structure is the very core of understanding the way the market moves and how cycles interact with each other. Price action follows the same rhythm as the flow of the river down the mountain: water will push aside small rocks, but go around a heavy rock. In a bull market, you buy into weakness. If you want to learn how to read market structure, I'm working on a free training series. Source: Chart from Admiral Markets MT4 SE-USD/JPY 4h chart 20 April- The Path of Least Resistance: Utilising the Market Structure The price flows naturally from one level to another as it chooses the path of least resistance. The following lessons discuss market psychology and risk management.