Impulse VS Correction - Price Action Analysis
Hello everyone:
In this educational video, I will go over what an impulse and a correction is in the market.
I will point out how to distinguish them in different time frames, and give a few examples on them as well.
The market can only be in two phrases.
Either its in an impulsive phrase, or a corrective phrase.
It doesn't matter what market or the time frames you are looking at, there will always be impulses and corrections.
So, what is an impulse, and what is a correction?
Impulse - price is in the high momentum period, and it's moving very fast.
Correction - price is consolidating, and moving sideway, or slowing ascending/descending sideway price action.
Determine what is impulse, and what is correction will give you a better edge in the market. You don't want to get trapped in the consolidation within the corrections.
How can I utilize this to my analysis ?
Multi-time frame analysis:
From HTF, top down approach, Understand what HTF is doing and go down to LTF for confirmation and entries for the best R:R.
Thank you
In this educational video, I will go over what an impulse and a correction is in the market.
I will point out how to distinguish them in different time frames, and give a few examples on them as well.
The market can only be in two phrases.
Either its in an impulsive phrase, or a corrective phrase.
It doesn't matter what market or the time frames you are looking at, there will always be impulses and corrections.
So, what is an impulse, and what is a correction?
Impulse - price is in the high momentum period, and it's moving very fast.
Correction - price is consolidating, and moving sideway, or slowing ascending/descending sideway price action.
Determine what is impulse, and what is correction will give you a better edge in the market. You don't want to get trapped in the consolidation within the corrections.
How can I utilize this to my analysis ?
Multi-time frame analysis:
From HTF, top down approach, Understand what HTF is doing and go down to LTF for confirmation and entries for the best R:R.
Thank you
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.