Market Structure
Market structure theories help traders have a grasp on how the market normally moves in a cyclical manner. There are many theories that can help us optimize our trade levels and have better biases on where the market can go.
The Elliot Wave Theory depicts a complex market structure which the market follows on multiple timeframes known as cycles.
Do you sometimes feel that the market has a personal grudge against you? You buy then it falls, sell then it flies. One of the main reasons is the daily market structure.
The Wycoff Theory focuses on accumulation and distribution phases of the market. Combined with Chart Patterns, this provides us an earlier signal when the market has started to trend and when it has exhausted its movement already.