Momentum in the Markets ✅✅✅
✅ I will look at the momentum to understand if price has power to move towards my take profit area or no, a perfect scenario is when i enter a long or a short order the momentum should increase from candlestick to candlestick not decreasing, increasing momentum meaning that price has fuel and it is not exhausted.
🎯 Increasing momentum - bulls/bears has power, they have fuel to push price
🎯 Decreasing momentum - bulls/bears are losing power, they dont have fuel they are exhausted.
‼️ Take a look at this concept in HTF starting from H4 - MN
Kindly see the photos attached with bullish/bearish decreasing and increasing momentum.
🎯 Increasing momentum - bulls/bears has power, they have fuel to push price
🎯 Decreasing momentum - bulls/bears are losing power, they dont have fuel they are exhausted.
‼️ Take a look at this concept in HTF starting from H4 - MN
Kindly see the photos attached with bullish/bearish decreasing and increasing momentum.
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