Hello everyone:
Welcome back to another price action structures/patterns video.
Today let's take a look into the reversal Impulse price action from the market.
I have back tested and seen these types of price action happen very often in any market, any time frame. Its signaling a very strong trend change and reversal momentum from the price.
Let's take a look into what it looks like usually, and how to effectively take advantage of these types of price action in the market.
Seeing them on the HTF, giving us strong bias for a reversal trend change coming.
Seeing them on the LTF, signs of reversal from the LTF first, and leading towards the beginning of the HTF reversal move.
Remember, Multi-time frame analysis is key. If we spot a potential HTF reversal impulse, then likely LTF price action is also showing reversal price action structures/patterns.
We want to pair as many positive confluences as we can together to give us an edge entering the trades.
As always, any questions, comments or feedback please let me know.
Thank you
Jojo