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Momentum

The easiest way to see momentum in the market, is to look for large candles with no, or very small wicks at the top and the bottom of the candlestick.

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These large candles show that within that period, the price has moved further relative to smaller candles, which further indicates that more money has flowed into the markets moving the price.

The price of an asset is usually contained within a range before breaking out with force and then consolidating again. This pattern will generally repeat over again.

Markets.com

Markets.com
Minimum Deposit$100
Average Spread2,2 pips
RegulationCySEC, FSB
Founded2010

Why

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eToro

eToro
Minimum Deposit$200
Average Spread3 pips
RegulationFCA
Founded2008

Why

Get 12-month Premium Membership for free. Deposit and send us an email to premium@tradimo.com to claim your free Premium Membership.

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