Jesse Rogers breaks down five trading concepts that explain most market movement: break and retest, swing points, trend definition, fair value gaps, and volume profile levels as support and resistance.
Here are the five most important trading lessons in one minute 1. A break and Retest when price breaks, a level trades back to it and then continues in the same direction. 2. Swing points when the middle candle is higher than the candle to its left and its right, this creates a swing high and vice versa. For swing lows, three is a trend. Lower highs and lows are a bearish market and higher highs and higher lows are a bullish market. 4. Fair value gaps when the market moves so quickly that a candle leaves a gap between the wick of one before it and the one after it, price often returns to these gaps later and these levels can be used as support and resistance. 5. A volume profile this shows where the most amount of trading happened in a given amount of time and its three levels act as support and resistance. Now if you can learn these five concepts, you'll understand the majority of how the markets move. Now save this post so you can study it again and again.
