‼️ The price can simply be found in one of the 3 phases below:
1.In a CONSOLIDATION
2.In an UPTREND
3.In a DOWNTREND
The bullish market is characterized by making Higher Highs and Higher Lows, but this characterization is not enough, it is necessary to say that bullish markets are always breaking swing Highs and respecting swing lows. The fact that the price has broken a swing high, indicates that higher prices should be expected, so it is negotiated in the trend in which the market structure was broken. (Vice-versa for bearish market strcuture)
Consolidation occurs when the price don't break a swing high or swing low and forming EH (Equal highs) and EL (Equal lows). In the most cases, after a consolidation the price manipulate and take liquidity above EH or below EL and then the price is distributed in another direction.
1.In a CONSOLIDATION
2.In an UPTREND
3.In a DOWNTREND
The bullish market is characterized by making Higher Highs and Higher Lows, but this characterization is not enough, it is necessary to say that bullish markets are always breaking swing Highs and respecting swing lows. The fact that the price has broken a swing high, indicates that higher prices should be expected, so it is negotiated in the trend in which the market structure was broken. (Vice-versa for bearish market strcuture)
Consolidation occurs when the price don't break a swing high or swing low and forming EH (Equal highs) and EL (Equal lows). In the most cases, after a consolidation the price manipulate and take liquidity above EH or below EL and then the price is distributed in another direction.
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spiceprop.com/
Contact me for any questions.