Forex : Price Cycle

To become a successful trader, we must really understand the stage of the current price cycle we are in. Over the long run in trading, they will be always up-down, up-down. It's very important the time we get in & get out from the trend. As a rule: we enter the pull back..example:

In real trading world, the cycle rarely form perfectly symmetrical shape that we can easily identified. Therefore, we must know how to read chart by different time frame, to compare & confirm the cycle that we in. Entering a wrong cycle can pay you a lot.

A typical trading cycle, always accompanied by changes in Volume & Oversize Bar,see below example:

The typical case not really happen in the real trading like I shown above, above just for illustration of the trading cycle.