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.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.