HOW TO TAKE TRADE IN UPTRENDAs we analyze the price movement, we observe a consistent pattern of higher highs without any break of structure (BOS) on the lows, indicating a clear uptrend. After a BOS, an optimal entry point may emerge at strategic retracement levels, such as 0.5, 0.618, or within a Fair Value Gap (FVG) or Order Block.
Detailed Breakdown:
Current Trend: Price consistently moves upward, forming higher highs. Without breaking key lows, it signals the strength of the ongoing trend.
Entry Strategy After BOS: Following a break in structure, look for retracement points such as 0.5, 0.618 levels, FVGs, or established order blocks. This approach aligns with seeking high-probability entries with potential for significant returns.
Sell Setup Logic:
Why Not to Sell: Although we observe the price hitting minor order blocks post-BOS, attempting a sell in an uptrend goes against the primary trend logic. Major lows remain intact, meaning that downward moves here are only temporary pullbacks.
Optimal Setup: We wait for the price to approach a major order block, ideally near a retracement point, which provides a higher probability of continuation.
Confirmation for Buy:
Once price reaches the major order block and begins reversing, look for confirmation through a bullish engulfing candle on a lower time frame.
Place a stop-loss at the swing low and target buy-side liquidity to capture the maximum potential of the setup.
Multi-Time Frame Analysis:
Multi-time frame analysis is essential for precision. Analyzing across different time frames provides insights into minor and major trends, allowing you to confirm entry points and enhance trade accuracy.
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