RTM
An Example of QMYou've all noticed that I use RTM patterns extensively in my daily trades. Here is another example of QM.
As always we have a perfect setup which was confirmed by breaking the last high with a good momentum candle. Upon retracing back to the QML, market bounces off and goes all the way back to hidden FTR. Should there be enough buyers price could continue further up to the 87.80 level which happens to be a supply zone.
But there is a important thing here, make sure you check out the news because in couple hours major news will hit the NZD and this whole analysis could go other way around.
Stay Tuned for further Education and analysis
A possible Long Scenario As it's shown we have a possible QM setup at the lower extreme point. As always two types of entry could be taken into consideration.
Risky Trade : Enter upon, price reaching the entry level and set the SL and TP accordingly. This method is riskier because it might ignore the level and hit the SL.
Confirmed Trade: Upon reaching the entry level, Check the lower time frame like 1 or 5 and spot reversal ( CHOCH) to the upside.
A possible Short scenario After making a new low , retraced back to the supply area which initially led to a sell off, So First time back to the level there is a possible case for a short down to the demand level.
Make Sure To check the NEWS for AUD because of positive correlation.
For a one more scalp 1:5I like btc in the cage,I take it again mabe false mabe true,be on your plan.....
Btc trapsI think be careful from btc,mabe can be this,this days or future ,so be careful for your position
It's my idea and mabe flase be on your plan
A long Opportunity on AUDCAD As is shown on the chart we have a QM setup right at the bottom extreme point.
Two types of entry could be taken into consideration:
First one is a risky entry once price reaches our entry, we enter a long trade with no hesitation whatsoever.
Second one is a confirmation entry trade which means in lower time frame like 5 or 1 min we spot a reversal and then jump into a long trade.
BTC Grow UPafter price touching the demand area, the price fly.
after break the trend line and make RTM, the price will touch target
Will the Demand work for second time???As you can see we have a QM pattern right at the lowest extreme point. we know that there will be reaction there once the price gets there. But the problem is we've already had a one time test of the QM. Trading it for second time could be risky.
how to trade it ??
We can wait for the price to get there and in lower time frame spot reversal then enter long trade.
APTApt technical analysis basically on elliott waves Principles and Priceaction Strategys
Apt can be touch the levels that i point
Wait and watch.
usdchf long signalthere is a good chance to long usdchf here.
⚠️ Notice:
I will enter one third of my position on 70/30% of the box and the rest of it in the middle (50%) of the box. My TP would be R/R=3 and 5.
Please trade with your own money management methodology and be aware that trading has its own risks and rewards.
Good luck ❤️
Btc tricksHum btc can go straight to 44k,or first go to 17....I'm not in hurry....
It my opinion and mabe false
RTM Pattern Explained In RTM style, One of the power patterns is QM. This pattern is of reversal type and spotting correctly insures highly profitable trades taking place.
How to Spot the pattern??
Let's say you are in a down trend , following should happen to have a valid setup.
1. Price makes a LL after making L.
2. Price takes out Last H and Creates HH.
3. if it breaks it strongly your chances are even huge.
4. Mark the L as your entry for long trade.
What if you are on a up trend , following should take place to have a valid setup.
1. Price makes HH after making H.
2. Price takes out the last L and creates LL
3. if it breaks it strongly your chances are even huge.
4. Mark the H as your entry for Short trade.
Long GBPnothing
I hope the market will be kind to us :)
This is not a financial advice, friends, be careful with your investments.
Refueling fantom?I'm not really sure about it,but I think mabe it's a refueling for fantom,,,mabe eating....I dont now but trade it with low leverage
arpaarpa chain token technical analysis basically on elliott waves principles and rtm priceaction strategy
arpa can be groe fast
wait and watch.
