When the price changes its direction from making LH and LL to HH and HL is called CHOCH(Change of character or change of structure). Please hit like👍 and follow. Thanks.
Small scheme as holders and buyers based on hopes for growth in the past
hope to get a stable trend and get disappointed and go out selling
1) bounce above Supports
2) more rebound
3) Support is broken, but then turned out to be false (support is no longer completely reliable)
4) support broken for the second time (maybe there will be no support in the...
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...
In this video update, we take a look at EURUSD and the current downtrend.
We break down how you can use trendlines to look for trend continuation trades
and changes in trend.
Prior analysis
Definition trend and change of trend ( Trend reversal)
Downtrend - Definition
A downtrend comprises a repeating sequence of:
1) A downward extension
2) A swing low
3) An upward pullback
4) A swing high
A downtrend ends when price breaks the swing high which leads to the lowest swing low of the trend
Uptrend - Definition
An uptrend comprises...
Prior analysis
Definition trend and change of trend ( Trend reversal)
Downtrend - Definition
A downtrend comprises a repeating sequence of:
1) A downward extension
2) A swing low
3) An upward pullback
4) A swing high
A downtrend ends when price breaks the swing high which leads to the lowest swing low of the trend
Uptrend - Definition
An uptrend comprises...
