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QuintonBell
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QuintonBell
how can we know trend direction ?
in
Experienced Traders
Oct 26 at 21:55
TO me the higher timeframe has the most power when telling the overall narrative 4hr or Daily works for me..... IF The 1000 EMA & 300 EMA ARE Showing overpowering signs of a Certain Trend lets say Bearish Trend Then thats what i take the overall direction as unless there is some sort of STRUCTURAL SHIFT (AKA Break of structure) This helps me identify anything else happening as a counter trend/Ranging Market until KEY Structure Points Are Broken... If you look at the first pic you can see price is below the 1000 & 300 Ema On the DAY Time-frame So i take that as a strong sell anything ...
Market structure
in
Experienced Traders
Oct 26 at 21:24
WHAT DO YOU MEAN?EXPLAIN MORE
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