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According to the chart, We have a healthy uptrend with a series of higher highs (HH) and higher lows (HL). At point #1, price retrace all the way down to the previous Higher low (HL) and never bounce from that level until finally, we get a lower low (LL) by breaking previous Higher low (HL). Going short at this point would have been a good trade entry and a great way to get a favourable risk to reward ratio trade work in your favour. of course, the same principals can apply to long trade but in the opposite way. Have a look at the forex chart . We have a downtrend with a series of lower lows (LL) and lower highs (LH) and have a look at point #1, What happened there? Price tried to create another lower low by breaking the previous lower low (LL) but ended up failing. To learn more click on the link in bio or send me a private message

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According to the chart, We have a healthy uptrend with a series of higher highs (HH) and higher lows (HL). At point #1, price retrace all the way down to the previous Higher low (HL) and never bounce from that level until finally, we get a lower low (LL) by breaking previous Higher low (HL). Going short at this point would have been a good trade entry and a great way to get a favourable risk to reward ratio trade work in your favour. of course, the same principals can apply to long trade but in the opposite way. Have a look at the forex chart . We have a downtrend with a series of lower lows (LL) and lower highs (LH) and have a look at point #1, What happened there? Price tried to create another lower low by breaking the previous lower low (LL) but ended up failing.

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I will delete this link for our channel in next 3 minutest .So this is the last chance to join new channel.❤️❤️❤️ JOIN FAST👇👇👇👇🏃‍♂🏃‍♂🏃‍♂🏃‍♂

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