Momentum is an important indicator that suggests price will continue in the same direction.
It's characterized by a larger candle with a strong close & little to no wick.
A momentum candle crossing the moving average can trigger a new trend.
Momentum is an important indicator that suggests price will continue in the same direction.
It's characterized by a larger candle with a strong close & little to no wick.
A momentum candle crossing the moving average can trigger a new trend.