-Price is in contraction and building shelf at the high - buyers will freak out as stops start getting run and fall back into previous swing - buyers from last low want to step up and buyers that missed the last run will pile in at the higher low. - stop is under known buyers that held and entry is at buyers that lifted price to new high - this is based on...
Hey guys, here is a simple setup for GBPUSD. Wait for the candles to close below the sell zone or buy zone. I am using the Stochastic RSI with settings of 14-3-3 to identify a fake out. Once the one hour candle closes below or above the zone, you can check if the Stochastic isn't oversold or over bought. If you have these confirmations, then you can take position...
Price is Ranging and Buyers Stepping up Trading for a double of the range
Provided QM/CL Futures continues to FLOW in it's current behavior, price action is projected through use of Median Lines and principles of expansion and contraction, supply and demand