I'm talking about the concepts of high peaks and low troughs. By following these, we can analyze the market structure.
If we are in an upward trend, the product rises by forming higher peaks and higher troughs. If we are in a downward trend, we see lower peaks and troughs, and the decline continues. While the trend is in a downtrend, if we see a high peak, it means the trend has reversed and entered a new upward trend. We track these breakouts with candle close confirmations. You can follow this analysis across all markets and timeframes. I created a visual explaining this topic. I hope it will be helpful. At some point, I will do a live explanation at the Vuca Ta library. We will announce the day and time for the live session.
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I'm talking about the concepts of high peaks and low troughs. By following these, we can analyze the market structure.
If we are in an upward trend, the product rises by forming higher peaks and higher troughs.
If we are in a downward trend, we see lower peaks and troughs, and the decline continues.
While the trend is in a downtrend, if we see a high peak, it means the trend has reversed and entered a new upward trend.
We track these breakouts with candle close confirmations.
You can follow this analysis across all markets and timeframes.
I created a visual explaining this topic. I hope it will be helpful.
At some point, I will do a live explanation at the Vuca Ta library. We will announce the day and time for the live session.