My personal important setup for Intraday levels trading explained below.
If price is trading above this time frames it will act as support, if price is trading below to this levels then it will act as resistance. Every day the levels will change for Intraday.
Blue - 1 hr time frame (Support or Resistance)
Black - 30 min time frame ( Support or Resistance)...
I recommend watching video in fullscreen for cleaner image. Sorry for low quality sound and laborious english, lol.
Reasons to buy :
- Uptrend
- Regular flat = continuation pattern
- Green liquidity announces a possible spike after a liquidity grab (false breakout)
- Red liquidity can magnetise price for a liquidity grab followed by a drop
- RSI oversold at...
This is just for the Educational Purpose. I am not suggesting the buy and sell in anything. These are some pattern on which you can trade.
Contact : 9960800849 Trade Mind Academy.
Buy Axis bank (15 minute cahrt)
CMP 925
First target 935
second target 943
Stop loss for low risk trader 920
Stop loss for risky trader 917
RSI above 60
EURUSD 10/01/2022
In this case it's a Failed attempt of variant 1, type 1
Then variant 2, type 3 Perfectly playing out.
.
System 1.27 :
Variant 1: Type 1 & 2
Variant 2 : Type 3 & 4
