Movement for higher timeframes occurs on lower timeframe manipulation Let’s see
The range is the most important thing on a graph.
As we see the rising pattern wedge triangle Whateva u want to call it , was manipulated to accommodate higher time frame dominance, how and why must be sought out.
1. The respect of the 200ma , bear tail at resistance of the value area failed to have what? If the test of the 200 was the signal bar and the tail the entry bar . Why did the continuation return price back within the range of the entry bar? Remember there’s 3. Signal bar , entry bar and continuation bar(s) 2. Price broke out the pattern and hit the sl of those who short the pattern at resistance as seen and place price back at the valve area 3. This manipulation of 2 happen at the range at resistance seen on the higher timeframe ( weekly) seen in part 1… the higher timeframe dominance was seen by the market ranging and ranging under resistance- a bullish maneuver yet the manipulation on the lower timeframe was seen as a wedge pattern of bearishness ! The outcome bullish used that liquidity of the sl area to revisit the value area ..
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