British Pound / Japanese YenEducation
Sell Entry example - Supply and Demand
Updated
Here is a sell entry example i have put together to show you what i look for in the market when looking for a continuation entry
After an impulsive move in either direction we would expect to see a correction, then another impulsive move. The initial impulse move shows us that a lot of volume has entered the market and for this example that the sellers are in control. When this happens we want to capitalise on the next move down and the best way to do this is to be patient and wait on a correction forming so we can get a good high probability entry.
This can be applied to all time frames as well as buy or sell
After an impulsive move in either direction we would expect to see a correction, then another impulsive move. The initial impulse move shows us that a lot of volume has entered the market and for this example that the sellers are in control. When this happens we want to capitalise on the next move down and the best way to do this is to be patient and wait on a correction forming so we can get a good high probability entry.
This can be applied to all time frames as well as buy or sell
Note
Buy Example 
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