If we consider the only thing that moves the market is orders then we need to know how we view those orders - here is a very basic model of how price developes in a bearish view
If we take what we know from the above chart that price action is viewed as bearish we can establish a zone of where the buy orders failed - supply is made
Ill put to this into context - this is only a snippet of the picture that is developing - essentially this is learning to say a couple words in price action but to fully understand what is occurring you need to formulate a sentence
If you understand how to view buy and sell orders then the next step is to see how they develop in swings - swing highs and lows
Now we see how that snippet of information plays into the bigger picture and we could go on and show the whole conversation with this chart in price action - the ideas are simple once you understand the theory - and I suspect this is why so many OTC students fail at this as they have never been taught how to properly read price action
price action = watch it with your own eyes. if it makes higher high = uptrend. if you see it makes lower low = downtrend. it's really that simple.
You are always very helpful. I appreciate reading what you have to say. Honest and kind. Seems a bit rare around here. Cheers to you, Mr. H!