Market Structure and Trading Analysis
This high, low, higher high to a level we were aiming for.
Once it breaks below that low right here, that low is broken there.
If it would have did this and came off that,
that's still a shift in market
structure that's bearish. If we close below the swing
like that, you're gonna treat that as a breaker.
You won't need to think about coming back up into here in this imbalance.
That breaker gets touched right here. Does it respect it? Yes, it does.
And we're what? Bullish on dollar, and it's trading to a bearish breaker.
So this candle, when it hits it, is gonna act as your
resistance idea, that support resistance theory.
You can't just look at every swing high and swing low and draw a line on it.
You have to have a narrative around why that specific high or low should
act as resistance. And if you look at every instance where a pool
of
liquidity was rated and then rejected, in this case, the low before that
high was formed, that's a bearish breaker.
That's, that's logic
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