Consolidation Phase or known as Greed Structure is where every participants are fighting for a key level. This is where everyone optimism about their entry where it make the volume of the market increase. This is when every participants wiped out one-by-one before causing an new impulses to appear. If they are engage in the new structure on the upside creating minor structure, there are most likely price will shoot up above mirroring previous impulses.
Another point is the price is likely to have martiangle equity curve kind of patterns. This show that buyer will consistently make a profit on the market while seller tend to aggressively push the price downside. If seller does that, buyer will likely wanted to recover that loss and will push the price back to the trendline.
Another point is the price is likely to have martiangle equity curve kind of patterns. This show that buyer will consistently make a profit on the market while seller tend to aggressively push the price downside. If seller does that, buyer will likely wanted to recover that loss and will push the price back to the trendline.