Euro / U.S. Dollar
Education

How to read momentum

1261
First of all, we need to understand what momentum actually means but this is straightforward.

Momentum = Trend strength

To improve your foundation in technical analysis, it pays off to look at trend strength, angles of trending structures and if you can spot a change in the sentiment.

Whether you are a trend-following or a reversal trader, those skills are important for all trading types.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.