Simple Moving Average (SMA) Explained: Definition and Calculation Formula
Simple Moving Average (SMA) Explained: Definition and Calculati…
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Is this a valid retest… or just a trap? 🤔📉 We’re using 2H as the preparation timeframe and 15m for confirmation ⏳ 🔎 Here’s what happened: 📈 The bullish structure (higher highs & higher lows) gets canceled. ⚠️ A new lower high forms — the first early sign of resistance and bearish intent. 💥 Then price breaks the last higher-low zone with a strong momentum candle. ✅ That’s our confirmation. Price comes back for the retest… and it holds. At that moment, the bullish momentum is officially over.
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