Analyzing this chart right now, bullish or bearish
Hey everyone, so I just wanted to share my thoughts on this chart and wondered if anyone had any advice on them.
So this is on the one hour chart. I definately see a general bearish trend and I've seen this on the daily chart as well. With the bullish fluctuations, i've thought this last bullish rise would be the only time I'd consider the market having "bullish trend activity" i guess you could say, on the one hour chart. The past rises didn't really have highs broken, and when it happened one time it also had a low break the previous low.
so would you consider this last couple hours where there was a high breaking a high, and a low being higher than the previous low, enough to maybe find a bullish move?
in this scenario we would still focus on bearish moves primarily right?
Also i was wondering how does one go about knowing when to take a trend that goes against plan structure
thanks for any input and i'm excited to be and happily studying trading again
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Jimmy Kreutzer
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Analyzing this chart right now, bullish or bearish
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