πSometimes as a Trader, we encounter trend reversals, and then we wind up thinking that the market will continue to go down and pay us well... HOWEVER, the market often will turn right back around on us π³ Well here's something I learned, and it can help you too π... 1 way to have a better understanding if a market reversal is truly a reversal for the long haul, is to pay attention to what price does after it pushes to the downside (for example)...... Does price then start to consolidate? (move sideways) π€ Or does it start to create yet another reversal Pattern? π³ So there's 2 ideal options... π₯ Consolidate π₯ Reversal Pattern If it starts to consolidate, then it's a good probability that the trend reversal is really true for the long haul of things.. So continue your downward trend (or whatever you trend your on) π If it creates another reversal pattern, then it's a high probability that the market is just wanting to take price in the same direction it was already going previously... In the example Pic, that would be called a "reset" and the market is would continue upward a bit more π Now do know that trading is not an exact science but built on high probability... The more you have things in your favor on the charts, the higher your accuracy will be... And that comes with learning, understanding and practice πͺ So you have seen my results increase here lately with more wins and more pips! That doesn't mean I never lose.. It means I'm getting better at winning π So if you want to actually take the time required to Learn, then you can take this journey WITH meπ Or continue what you're doing, either way you'll see me and my team emerge right before your very eyes π₯π₯ #KeepWatching #Coach_Dee
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