@fx.strategies: READ BELOW: To analyze your next move, you need to understand the structure as a whole as well every individual part of it. The main job is to implement your strategy, while finding more and more confluences that point out to a certain direction, without initial bias on the price. Live chart: CAD/CHF Time Frame: 4H When the price starts moving from tight uptrend to extended sideways structure, we are losing the bullish momentum which therefore most likely will transform into a downtrend, instead of further continuation of the initial trend. The break and retest formation is always the key to the setup, when we wait for it to be completely formed and confirmed with every single requirement before jumping on a trade

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Friday 12 July 2024 15:34:41 GMT