So what now to do? We want to make sure price break HH. If that happen, find entry around H for sharp entry. Or if you are too lazy and can bear with floating, have big margin/ equity just use H as your entry point. Hope my explanation in part 1 till now help you guys understand trading using SNR/ SND better. Let’s success together. Drop some comment if you find...
Drop to M15. Readjust your RBR Box to make it neat and easy to read. So if you look closely there’s HNS pattern. Mark the shoulder (Low). So when price come back to RBR and hit the line. boom!! Change to candlestick
If go to M30, it shows that complete double bottom pattern and price have break the neckline (red line). There’s also a RBR zone that created while price break the neckline. Wait for price return to RBR zone and boom!! Change to candle stick for double check.
Remember that never find sell in red box. Only find sell in green box. Direction for now in H4 is buy. Direction buy! Sell is retracement! Follow on part 2 for more.
Due to price gap up and break 1st and 2nd resistance (red line) now price must retrace/ pull back to box. I’ll wait for price come to box and change to M1 chart for confirmation to buy. (HNS/ Double Bott/ Triple Bott)
Biggest direction (H4) still in downtrend. Meanwhile, price is pushing upwards due to pull back / retracement. My short area / sell area is in green box. To be exact price is same as red line in the box.
