Climax Patterns: What Happens After They Appear? | How to Create a Trading Plan Following a Climax?
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Climaxes on BTCUSD daily charts are very important during upside reversals. Historically, downside reversals after growth often occur without climax volumes, while upside reversals are almost always preceded by climaxes.
A few days ago, a series of climaxes occurred. To understand how to proceed now, we'll break down the previous two climaxes "part by part" and figure out what to expect in the next 2-3 weeks.
00:21 - Express overview of the BTCUSD situation
02:45 - Analysis of the first climax
12:22 - Analysis of the second climax
17:30 - What does a trend exit look like after a climax
18:18 - Important information for creating future videos