Symmetrical Triangle formed in a bullish trend. Consolidation before continuation of the trend. _________ Price Action Supply & Demand
Price Action Supply and Demand ________ Price made very strong support (Triple Bottom) after making a series of descending price action. Descending Triangle Breakout.
Break of Bullish Pennant on the Daily Timeframe - Bullish
Price Action Supply & Demand Trend Line
- Price has broken through 4 hour (H4) Supply - Moving Averages have crossed over bullish - 200 EMA within the Daily Supply Zone - Strong Support respected, see price action ____ Price may be consolidating with today's candlestick before continuing higher. Price could even retest the H4 Supply (now DEMAND) zone before heading higher. ____ Weekly...
Price Action Supply & Demand
Price Action Supply & Demand
- Bullish Monthly, Weekly Daily Market Structure - Bullish break of MONTHLY Trend Line - Daily Trend Line Support established on an overall uptrend ____ Up next price could retrace to form the next Higher Low (HL) in Market Structure before printing a new Higher High on the Daily timeframe. This Daily Higher Low after a break of a Monthly Trend Line would be a...
Weekly Bullish Market Structure has been maintained. - A full 100% retrace has occurred and support has been respected Moving Averages are squeezing together and price action is getting tighter and tighter within Descending Triangle price pattern. (consolidation pattern) There are SEVERAL wicks showing Seller's Exhaustion by the Weekly Support area....
Supply & Demand -> Candlesticks -> Structure x-axis = time - Timeframe (4H, 1D, W, etc.) shows aggregate Price data (y-axis) for a specific dimension of time y-axis = price
Massive Descending Triangle based on Weekly market structure. We're getting closer to another retest of either the Trend Line Resistance or Support Line. A break of either one could lead us to a trending market. H4/Daily/Weekly/Monthly market structure is currently Bullish. A break below the Support Line and the recent Daily candlestick support would lead to a...