Part 1: Price Action
1. Momentum Shifts
- HTF momentum singals are more powerful than the LTF
- Momentum is proportional to the previous candles
- you are gonna see more of the pattern from the right side
- more consolidation follwed by a big candle breakout is what you are looking for
Loss of momentum
- strong moemntum will break 1.2 on fib
- less than 1.2 has more probabily to be a false breakout
Breakout Momentum
- you need to buy higher in this kind of moves
2. Momentum candlesticks
- HTF candles are mot reliable (M&W)