Hi traders,
Happy to hear queries from followers.
"I’m following your posts for long while, it helped me to learn a lot about Forex.
How can i identify the upcoming changes in a structure/pattern?"
When it comes to predicting, we have to follow bunch of unwritten rules.
In the chart 3 basic patterns are drawn, in order to answer your question.
1. In this pattern, signals forms a descending channel at ascending trend line to continue with the previous trend.
2.Similarly, the signals forms an impulse in order to continue with the previous trend.
But the impulse formed at the ascending channel trend line.
3.Here, the price range hoisting a flag at ascending trend line and turned the trend.
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Happy to hear queries from followers.
"I’m following your posts for long while, it helped me to learn a lot about Forex.
How can i identify the upcoming changes in a structure/pattern?"
When it comes to predicting, we have to follow bunch of unwritten rules.
In the chart 3 basic patterns are drawn, in order to answer your question.
1. In this pattern, signals forms a descending channel at ascending trend line to continue with the previous trend.
2.Similarly, the signals forms an impulse in order to continue with the previous trend.
But the impulse formed at the ascending channel trend line.
3.Here, the price range hoisting a flag at ascending trend line and turned the trend.
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