Donajor8

price action tutorial measuring momentum

OANDA:AUDUSD   Dollar Australia / Dollar AS
here is an example out of many to help judges a markets strengths when strengths dies a correction or reversal is the outcome
ranges are made when mom dies in a direction
ranges will either do two things
add vol to cont trend
or vol to reverse trend

so the market is in range mode as the bears mom dies
since the bulls has a stronger run they have the better outlook yet if the bull dont rally an extended range at support will be a bearish out look n well b looking out for that as well n there are signs to know this before the drop
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