How to identify trend and market structure?
Timeframe To identify market direction, its better to use timeframe H1 and above. There are many way or how trader identify market direction. Most commonly, trader use market structure combination of High Low, or zigzag. Another method, use price/candlestick momentum. It will identify movement either going up or down regardless of trend. Market Structure Uptrend […]
Important to Understand Base for Zone Entry
Base is price in consolidation movement. Many new trader will trap in this mode. During this period of time, the trader will have to deal with patience and emotion. Another terms can be used to understand is market is resting, collect volume, strength before continue or reversal. The price moves in range tend to be […]
Identify & Understand Momentum Candlestick
Momentum candlestick is the candlestick that break or close above or below high low previous momentum candlestick. Some of momentum candlestick can be mother bar and all mother bar is momentum candlestick Mother bar is candlestick momentum with next candlestick at least 1 bar close inside( inside bar). This indicate market is slow or sideway. […]