Master Pattern Trading Strategy | Smart Money Concepts
đź’°10000LADYSUSDT | LONG TRADE
#1 - H8 FLAT BACK BULLISH HEIKIN ASHI ( At the Sweet Spot )
MONTHLY / DAILY / H12 / H8 / H4 BULLISH - UPTREND - Long bias
#2 - Jumped onto the LTF M5 CHART and entered my LONG when price was below the value line in combination with the TDI shark fin entry.
If price is confirmed on a bullish uptrend on the Higher time frame, then we mark out master pattern on our entry charts, and look to take counter trend entries, when price is below the value line for long entries.
These are the best entries to catch the wave of the trend with the lowest drawdown.
#3 - You can exit your trades at value lines or liquidity lines.
Contraction boxes are formed when price squeezes and forms a simultaneous lower high and higher low, this shows that the supply and demand is equalizing.
When price breaks out the box this forms the expansion phase, which is shows incoming volatility is entering back into the market.
When price enters into the expansion phase we can look for trade the range of the 2nd phase and let it carry us into the trend when it moved into the 3rd phase of the market.
#1 - H8 FLAT BACK BULLISH HEIKIN ASHI ( At the Sweet Spot )
MONTHLY / DAILY / H12 / H8 / H4 BULLISH - UPTREND - Long bias
#2 - Jumped onto the LTF M5 CHART and entered my LONG when price was below the value line in combination with the TDI shark fin entry.
If price is confirmed on a bullish uptrend on the Higher time frame, then we mark out master pattern on our entry charts, and look to take counter trend entries, when price is below the value line for long entries.
These are the best entries to catch the wave of the trend with the lowest drawdown.
#3 - You can exit your trades at value lines or liquidity lines.
Contraction boxes are formed when price squeezes and forms a simultaneous lower high and higher low, this shows that the supply and demand is equalizing.
When price breaks out the box this forms the expansion phase, which is shows incoming volatility is entering back into the market.
When price enters into the expansion phase we can look for trade the range of the 2nd phase and let it carry us into the trend when it moved into the 3rd phase of the market.
The Banks Code Trading Methodology - Master Pattern Concepts
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