British Pound / Swiss FrancEducation
The Story Behind The Trend Collapse ( Educational Post )
STORY BEHIND THE TREND COLLAPSE
1. Healthy Trend
- New lower lows created
- Supports are constantly broken
- Distance between moving averages increases, macd value increases
- Imbalance of green and red candles
2. Lack of Momentum
- Deeper corrections, weak impulses
- Increased number of waves in corrective structures
- Red&Green candle balance
- Moving averages contract
3. Bottom Formation
- No new lower lows
- Ranging market
- Moving averages point sideways, crosses each other
- Traditional price patterns
- Stop Hunt
4. New Trend
- Trend reversal patterns
- Decision move
- Sellers closing their trades
- Buyers push
- Green candle body sizes increases
1. Healthy Trend
- New lower lows created
- Supports are constantly broken
- Distance between moving averages increases, macd value increases
- Imbalance of green and red candles
2. Lack of Momentum
- Deeper corrections, weak impulses
- Increased number of waves in corrective structures
- Red&Green candle balance
- Moving averages contract
3. Bottom Formation
- No new lower lows
- Ranging market
- Moving averages point sideways, crosses each other
- Traditional price patterns
- Stop Hunt
4. New Trend
- Trend reversal patterns
- Decision move
- Sellers closing their trades
- Buyers push
- Green candle body sizes increases
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.