✅ I will look at the momentum to understand if price has power to move towards my take profit area or no, a perfect scenario is when i enter a long or a short order the momentum should increase from candlestick to candlestick not decreasing, increasing momentum meaning that price has fuel and it is not exhausted.
🎯 Increasing momentum - bulls/bears has power, they have fuel to push price
🎯 Decreasing momentum - bulls/bears are losing power, they dont have fuel they are exhausted.
‼️ Take a look at this concept in HTF starting from H4 - MN
Kindly see the photos attached with bullish/bearish decreasing and increasing momentum.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.