Anticipating Future Market Price Direction
At the end of the day, as a trader, your job is to buy low and sell high.
One of the easiest things you can do to make successful trades (and the most effective) is learn how to find future high prices and future low prices.
This is also the key in predicting any u-turns that may happen.
Understanding where the high prices are, and where those low prices could form, can give you the edge you need when trading stocks
But you don’t need a crystal ball. You can predict future market price direction by using previous market history trend lines. Market history plays a big role in finding your market direction since the market often u-turns at previous market highs and lows.
Ever wonder why the market has constant high support and resistance at certain price points? You guessed it: This is due to previous market history.
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