Price Flips
Do you know which price pattern repeats over and over again in Markets.?
I had written an earlier post on this ( Read). I am afraid most of the readers have not understood it properly.Price
Flips are the basic pattern of all auction markets.It is the very basic structure of the price action..This is the
concept on which almost all the profitable trading systems or methods are built.Any trading method ignoring this
behavior of the market is likely to fail.
Everybody is aware of support and resistance in markets.A price area which was previously support or resistance
has a good chance of continuing to provide support or resistance again in the future.Once this levels are broken
this levels become Price Flip zones.In other words a resistance turns into probable support and a support
become a probable resistance.It is like once you climb the stair the roof becomes the floor.
025.1 ▪️Price Flips