Momentum in the Markets ✅✅✅

10 Şub 2022

✅ I will look at the momentum to understand if price has power to move towards my take profit area or no, a perfect scenario is when i enter a long or a short order the momentum should increase from candlestick to candlestick not decreasing, increasing momentum meaning that price has fuel and it is not exhausted.

🎯 Increasing momentum - bulls/bears has power, they have fuel to push price

🎯 Decreasing momentum - bulls/bears are losing power, they dont have fuel they are exhausted.

‼️ Take a look at this concept in HTF starting from H4 - MN

Kindly see the photos attached with bullish/bearish decreasing and increasing momentum.