The support forum is built with (1) General and FAQ forums for common trading queries received from aspiring and experienced traders, and (2) forums for course video topics. How to Trade Price Action and How to Trade Forex Price Action videos are consolidated into common forums.
Brooks Trading Course social media communities
Fri Feb 2, 2023 - Micro E-mini 5min
Mon Feb 5, 2024
Tue Feb 6, 2024
Wed Feb 7, 2024
Thu Feb 8, 2024
Fri Feb 9, 2024
Mon Feb 12, 2024
Hi mike,
There wouldn't be clues to guarantee predicting a reversal of such magnitude with high probability. There would be clues that bulls are less likely to keep going though. The first clue was exhaustive climax on the way up with a bull bar bigger than all the bars not just today but of the last couple of days (if you scroll back charts). And then was the flat FF.
That flat FF is a pattern I've been making a note of lately. Take a look at some of these charts:
The flat FF is definitely something to look out for, especially if it appears in a strong trend, it portends bad things to come for the bulls.
But not always:
Hope this helps,
CH
_________________
BPA Telegram Group
Hi Mr. Carpet! Flat FF (facing each other Fs) Wow thank you. I'll be looking out for those too ... thanks a lot!!!
Tue Feb 13, 2024
Wed Feb 14, 2024
Thu Feb 15, 2024
Fri Feb 16, 2024
CH, first three pics - they have lower highs and it lead to reversal .. no?
Tue Feb 20, 2024