In my experience in the markets, all price action follows 3 main market phases as below: 1) Consolidation: price ranges between two levels and consolidates between that area. 2) Expansion: Price action breaks out of the consolidation with high volatility making rapid impulsive and corrective waves, prior to the main trend direction to be determined. 3) Trend:...
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Many non filled orders at the momentum shift zone. Thats a point of interest for Institutional Money, in my opinion. Not a Financial Advice
In my experience in the markets, all price action follows 3 main market phases as below: 1) Consolidation: price ranges between two levels and consolidates between that area. 2) Expansion: Price action breaks out of the consolidation with high volatility making rapid impulsive and corrective waves, prior to the main trend direction to be determined. 3) ...
In my experience in the markets, all price action follows 3 main market phases as below: 1) Consolidation: price ranges between two levels and consolidates between that area. 2) Expansion: Price action breaks out of the consolidation with high volatility making rapid impulsive and corrective waves. 3) Trend: The price action finally follows and market has a fixed...
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• Market Phases : 1) Accumulation 2) Mark Up 3) Distribution 4) Mark Down 5) Repeat • Bitcoin already entered its markdown phase. What’s been happening lately in my opinion is not an accumulation phase, but a redistribution phase which is usually followed by another markdown.
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Rejection at fib level. MA’s about to cross. I’m longing BTC