using only market structure you can see how powerful this method is, it helps you with your directional bias, and can determine where potential price reversals may occur. In this example this is very interesting for Aussie,, we have not yet broken the low, but at the same time we can expect a reverse to the upside, for a retracement than a continuation to the downside, or we will see price break through the swing high and and give us a swing low retracement to then continue to the upside. prices can go both ways. the highest probability in my opinon, prices will drop lower, due to the consecutive downwards candle.
simplicity of market strucutre at its finest,
stay safe traders.
simplicity of market strucutre at its finest,
stay safe traders.