Free class use charting technical !
Free class use charting technical !
You get a move down, a move up, a retracement, second retracement, sometimes you get a third one in other words you get this narrowing, right? You get the compression.
Sometimes not.
So, let’s look at thisforextrading . First move down, retracement back up, retracement back down, it’s higher, push back up.
Then what you usually get is a break below these two lows, and then the market pushes back up.
Mac XNow, what we’re looking at in this whole thing is follow through: how is the market performing at each of these stages? And I’ve got to tell you, it’s very enticing to try and trade inside of this area, and it’s possible to do that, but you’ve got to have guts.
