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
Why is the Bull reversal bar at the bottom/middle a buy
Consecutive climaxes and good signal bar so you can expect two legs sideways to up.
Good signal bar, but it's in a strong bear trend: "In a strong trend minor resistance will fail. Trade with the trend"
40% chance the bottom sell climax will reverse a strong leg down?
"In a strong trend minor resistance will fail. Trade with the trend"
Unless it becomes climactic. If so, there will be at least a pause (two legs up) before the MKT decides for trend resumption, reversal, or TR, like in this slide.
40% chance the bottom sell climax will reverse a strong leg down?
With several clear climaxes and a good SB, this reversal is close to 50%, yet the channel down is tight so the first reversal is probably minor and will be followed by a trend resumption attempt which, in this case, ended up as a HL MTR.
