WHAT ARE TRENDS AND HOW TO SPOT REVERSAL
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
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3- types of Trend movement that can be used for a long- and short-term perspective.
first let's start with bullish trend that can be spotted by 2 simply steps:
Once price is managing to form 2 consecutive higher highs as shown on the chart then the bulls are in full control adding on price is forming new higher highs with 2 consecutive one as well.
2- second type which is a bearish trend or down trend, can be characterized by 2 consecutive lower lows and 2 consecutive lower highs exactly the opposite of the bullish one.
Meanwhile, in bullish trend and to say yes, we might have a shift in momentum we need a break below the last major swing low, where we will be expecting new lower lows and lower highs as well.
Exactly the same in case of bullish reversal, for the bulls to prove control we need to see a break above the last major swing high, where we will be expecting new higher highs and higher lows as well.
Last but not least, rangy market, which can be characterized by 2 Equal highs and 2 Equal lows as shown on the chart.
Then for this range market to be shifted, we need a break on either way, once price managed to break above then, a movement higher would be expected, like a bullish trend, new higher highs and higher lows.
And exactly the opposite from downside we will be expecting new bearish movements Like lower lows and lower highs.
Bear in mind these structures and trends can be effective in our trading plan but alone isn't enough, you need to find your edge in the market where the price can reach your target.
If you like this kind of educational posts don't forget to like and follow
Best of luck!
If you like the idea, do not forget to support with a like and follow.
3- types of Trend movement that can be used for a long- and short-term perspective.
first let's start with bullish trend that can be spotted by 2 simply steps:
Once price is managing to form 2 consecutive higher highs as shown on the chart then the bulls are in full control adding on price is forming new higher highs with 2 consecutive one as well.
2- second type which is a bearish trend or down trend, can be characterized by 2 consecutive lower lows and 2 consecutive lower highs exactly the opposite of the bullish one.
Meanwhile, in bullish trend and to say yes, we might have a shift in momentum we need a break below the last major swing low, where we will be expecting new lower lows and lower highs as well.
Exactly the same in case of bullish reversal, for the bulls to prove control we need to see a break above the last major swing high, where we will be expecting new higher highs and higher lows as well.
Last but not least, rangy market, which can be characterized by 2 Equal highs and 2 Equal lows as shown on the chart.
Then for this range market to be shifted, we need a break on either way, once price managed to break above then, a movement higher would be expected, like a bullish trend, new higher highs and higher lows.
And exactly the opposite from downside we will be expecting new bearish movements Like lower lows and lower highs.
Bear in mind these structures and trends can be effective in our trading plan but alone isn't enough, you need to find your edge in the market where the price can reach your target.
If you like this kind of educational posts don't forget to like and follow
Best of luck!
Telegram channel:
t.me/Snipers_F_x
t.me/Snipers_F_x
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