Page 44 - WHAT IS FOREX (2)_Neat

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CHANGE OF CHARACTER

IMPORTANT POINTS

1. BULLISH CHOCH

2. BEARISH CHOCH
3. SBR & RBS , QML , DT & DB LEVELS

4. A+ SETUP IMPORTANCE

5. EXAMPLES

BEARISH CHOCH

2 CANDLE CLOSING BELOW LAST SUPPORT IN THE

MARKET CONFIRMS THE BEARISH CHOCH.

1. IT IS NOT COMPULSORY THAT BOTH CANDLE SHOULD BE

RED BUT FIRST SHOULD BE RED AND THEN SECOND CAN
BE RED OR GREEN BUT CLOSING MUST BE BELOW THE

LAST SUPPORT.

2. LEVELS ARE DRAWN AFTER THAT SBR , A+ , DT

RESPECTIVELY FROM WHERE WE LOOK FOR SELL

OPPORTUNITY . A+ WORKS THE BEST REASON BEING
OFFERING LESS STOPLOSS.