The nature of the movement of financial markets

29 thg 9, 2021

1. Key levels breakout
Bulls/bears become strong enough to violate a key support/resistance and are willing to push to new lows/highs
The best opportunity for trade entries.

2. Trend continuation
Strong bearish/bullish trend following movement.
More and more trades join the rally after a breakout.

3. Consolidation & accumulation
Oversold/overbought condition of the market & local accumulation.
Market participants are waiting for a trigger to continue pushing.

The best opportunity to protect profits.

Black line - price action within the stages

❤️Please, support our work with like & comment!❤️