Battle Axe
New Member
Trends can either go up, down or in a linear form
That's a trending market or ranging market and choppy market (confused direction).
You need to take note of the major direction of the market and understand who's in control, the buyers or the sellers?
Before you go on to make further analysis.
Note: If you make profit in other ways WITHOUT identifying the trend first, then it's fine.
But this will help you as a beginner, I'm sure.
I hope you got something out of this. Kindly comment or question or tackle this.
We learn from each other.
P.s I'm sorry about the inconsistency recently, I'll make sure I improve on that aspect. Thanks
That's a trending market or ranging market and choppy market (confused direction).
You need to take note of the major direction of the market and understand who's in control, the buyers or the sellers?
Before you go on to make further analysis.
Note: If you make profit in other ways WITHOUT identifying the trend first, then it's fine.
But this will help you as a beginner, I'm sure.
I hope you got something out of this. Kindly comment or question or tackle this.
We learn from each other.
P.s I'm sorry about the inconsistency recently, I'll make sure I improve on that aspect. Thanks