UNIJOS MTL COMMUNITY

P
@pisces03 - 10 hours ago

What is risk management...?

W
@wavey_ - 10 hours ago
Quoted - pisces03

What is risk management...?

This is topic for our next class, if you can wait, so we can carry others onboard please!

T
@theenigma - 9 hours ago
Hi everyone! Excited to join the conversation.
W
@wavey_ - 7 hours ago

If uptrend is full of higher high and higher lows, downtrend has Lower highs and lower lowsโ€ฆ what does a ranging trend have?

P
@pisces03 - 7 hours ago
Quoted - wavey_

If uptrend is full of higher high and higher lows, downtrend has Lower highs and lower lowsโ€ฆ what does a ranging trend have?

A ranging market (sideways trend) usually has:

Similar/Equal Highs โ†’ resistance

Similar/Equal Lows โ†’ support

So, in short:

Uptrend: Higher Highs (HH) + Higher Lows (HL) ๐Ÿ“ˆ

Downtrend: Lower Highs (LH) + Lower Lows (LL) ๐Ÿ“‰

Ranging: Equal/Similar Highs + Equal/Similar Lows โ†”๏ธ

Price moves back and forth between support and resistance without making a clear higher-high/higher-low or lower-high/lower-low structure.

J
@jigg_s - 6 hours ago
Quoted - pisces03

๐Ÿ™Œ๐Ÿ™Œ

โŒš๐Ÿค‘๐Ÿค‘

J
@jigg_s - 6 hours ago
Quoted - pisces03

I see๐Ÿ™Œ

๐Ÿค‘โŒšโŒš

J
@jigg_s - 6 hours ago
Quoted - pisces03

Mm-hmm

I wonder how you come up with such

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