MARKET STRUCTURE
WHAT ARE THE 3 TYPES OF MARKETS YOU WILL SEE?
RANGING MARKETS, TRENDING MARKETS, CHOPPY MARKETS
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CHARACTERISTICS OF A TRENDING MARKET?
HIGHER HIGHS AND HIGHER LOWS
LOWER HIGHS AND LOWER LOWS
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WHAT ARE RANGING MARKETS OFTEN CALLED?
SIDEWAYS MARKETS
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HOW ARE SUPPORT AND RESISTANCE FORMED?
WHEN PRICE REVERSES AND CHANGES DIRECTION
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WHAT 2 IMPORTANT CHARACTERIZE A TRENDING MARKET
IMPULSIVE AND RETRACEMENT
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HOW DO RANGING MARKETS MOVE?
IN A HORIZONTAL FORM, PRICE KEEPS GETTING PUSHED BACK AND FORTH BETWEEN SUPPORT AND RESISTANCE LEVELS BETWEEN BUYERS AND SELLERS
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CHARACTERISTIC OF A TREND LINE?
AT LEAST TWO TOUCHES
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CHARACTERISTICS OF A DOWNTRENDING MARKET?
LOWER LOWS
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WHO IS IN CONTROL IN A RANGING MARKET
NO ONE
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CHARACTERISTICS OF A CHOPPY MARKET?
THE MARKET HAS NO CLEAR DIRECTION!
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WHICH TIME FRAMES DETERMINE TREDNING MARKETS?
HIGHER TIMEFRAMES, 1W, 4H, 1HR ETC
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DIFFERENCE IN STRUCTURE BETWEEN RANGING MARKETS AND TRENDING MARKETS
TRENDING MARKETS FORM HIGHER HIGH HIGHER LOW/LOWER HIGH LOWER LOWS PATTERN
RANGING MARKETS MOVE BETWEEN SUPORT AND RESISTANCE LEVELS
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WHAT CANNOT BE IDENTIFIED IN A CHOPPY MARKET?
SUPPORT AND RESISTANCE LEVELS
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HOW OFTEN DO TRENDS OCCURS?
30% OF THE TIME
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3 WAYS TO TRADE RANGING MARKETS?
TRADE SUPPORT OR RESISTANCE
BREAKOUT
PULL BACK
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