Trade Like A Sniper - Episode 46 - USDPLN - (17th June 2024)This video is part of a video series where I backtest a specific asset using the TradingView Replay function, and perform a top-down analysis using ICT's Concepts in order to frame ONE high-probability setup. I choose a random point of time to replay, and begin to work my way down the timeframes. Trading like a sniper is not about entries with no drawdown. It is about careful planning, discipline, and taking your shot at the right time in the best of conditions.
A couple of things to note:
- I cannot see news events.
- I cannot change timeframes without affecting my bias due to higher-timeframe candles revealing its entire range.
- I cannot go to a very low timeframe due to the limit in amount of replayed candlesticks
In this session I will be analyzing USDPLN, starting from the 3-Month chart.
If you want to learn more, check out my TradingView profile.
USDPLN
USDPLAN top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis video. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover my next analysis.
Also, let me know your thought in the comment section about what you think about this pair.
USDPLN waiting for a trigger to buyon DAILY: USDPLN rejected our previous support zone in green so we are still looking for objective buy setups on lower timeframes
on H4: USDPLN formed a new trendline red so we are still waiting for a momentum candle close above our gray zone to buy this one.
meanwhile, this one would be overall bearish and can still test our support one more time before going upward, in this case, we will be looking for new objective buy setups to form.
USDPLN waiting for the double bottom pattern to formon DAILY: USDPLN is sitting around a support zone in green so we will be looking for objective buy setups on its retest.
on H4: USDPLN is forming a double bottom pattern (still an idea) so we are waiting for a momentum candle close above its neckline to buy it long-term.
and if price retests our support zone again, then we will be looking for new objective buy setups on lower timeframes.