Fundamentals of Trading
May 21, 2023

The Law of Force

This is one confirmation of your trade, which is to count candles in momentum from your Poi.

For example:

The Long Scenario - the count of candles from Poi up to the end of the impulse is 16 candles, the correction took 90 bars to pass the same price zone, which shows the strength of the buyers and the weakness of the sellers in the moment.

The short scenario - counting down the candles from Poi to the end of the impulse - 20 candles, the correction took 40 bars to pass the price zone, which shows the weakness of the buyers and the strength of the sellers in the moment.

It is important that the price is approaching exactly corrective to your poi, so do not forget, work only on the trend!

If for example in a long scenario, the price would rise by correction and fall by impulse, is it worth it to go long?

No!