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This is a stable downward movement during weeks, months, when you sit with your purchase and say "it's about to reverse, it's about to do so".
In Elliott's 5-wave pattern, the crowd motto "it's about to turn, it's about to" corresponds to the 3rd wave.
The 1st wave - "oh, it must be a correction".
The 5th wave - "it was not, it does not matter....":)
Trend es frande.
Падение уже достигло дна. Недолго ещё потопчется в грязи, покорчится. Но уже скоро развернётся вверх.
Если по "ротору" смотреть, то сначала на дерево должны слазить, а уже потом... вверх.
How about by divergence?)
And if by divergence?)
In the fashion trend of clothing, you can also diverge.))
wrote a trend tradingrobot, the tester shows a clear trend, which is identical on any trading instrument
https://www.mql5.com/ru/charts/6368844/eurusd-m1-metaquotes-software-corp
wrote a trend tradingrobot, the tester shows a clear trend, which is identical on any trading instrument
https://www.mql5.com/ru/charts/6368844/eurusd-m1-metaquotes-software-corp
This is M1, it has to report the schedule, fish out news and calculate the trend on two higher TFs. So there is nothing to write or rewrite.
But anyway, it was a 100% failure :-)
This is M1, you still have to report the schedule, catch news and calculate the trend on two higher TFs. So there is still a lot to write and rewrite.
But anyway, it is 100% lossless :-)
There are no random places in the story :-) by the definition of "the story is known for certain".