Hello everyone:
Let's take another detailed look into some parallel channels structures/patterns in price action analysis.
Recall my previous educational video on Ascending/descending channel correction, they are higher probability reversal price action structures/patterns.
Today I want to go over the horizontal parallel channel structures/patterns as well where they are more neutral,
more advanced to analyze and forecast the potential direction of the impulse phase following after.
Let's take a look into some of these horizontal parallel channel corrections, and break them down more.
In my opinion, the longer, deeper these types of parallel channels go, the stronger the next impulsive phase will be.
Although they can be tricky depending on whether they are continuation or reversal correction.
I will go over for examples in different markets to pinpoint some of these price action structures/patterns.
Below are some of the important topics that I mentioned in the video.
Reversal Ascending/Descending Channel
Risk Management: 3 different entries on how to enter the impulsive phrase of price action
Multi-time frame analysis
Identify a correction in price action analysis
Continuation and Reversal Correction
Any questions, comments, or feedback welcome to let me know thx :)
Jojo
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해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.