One of the best ways to make consistent gains in the stock market is to trade in the direction of the underlying trend. A simple way to determine the direction is the price cycle/structure of the movement.
Price moves in a disorderly manner, however, the structure of its movement can help traders build a broad outlook which, in turn, helps determine the direction of the underlying trend. A price showing consistent or a directional move indicates a similar trend for future sessions. That said, this may not be true in every case, although one can still decode the underlying sentiment. ...
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