Hello traders! Let me know if you have any questions in the comment section below and I'll try my best to address them all. I will be posting more examples very soon. - Abdulla
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Here is a LIVE example I have posted few months back. Maybe not explained in much details as it was an analysis rather than an educational post. But you can see the similarities and how I have identified a major trend change.
Excellent tutorial, I would love if you could do one about indicators such as RSI. It is incredibly useful, I have been able to make many successful trades just based on RSI but I feel I don't know all about it. Other indicators that you use often would great too :) Thanks Abdullah!
Raybull
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excellent thank you !
Cdglax1000316
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@AAlFadhala Thank you very much for your continued insight. It is very helpful for beginners such as me. Question - Your step #5 on your chart above indicates "Higher Low!" at 3518. Forgive my ignorance, but is this a higher low with respect to the "dip" at 3000, or is it with respect to the minor dip at 3467 that occurs just prior to the #3 "First Higher High!"?
I've been studying your a chart above all day, and everything makes perfect sense except that one small detail. Please help me, thank you again!