Donajor8

THE HOLY GRAIL RANGING CHANNELS

OANDA:AUDCAD   Australian Dollar/Canadian Dollar
ranging channels leads to breakouts

Signal bar -Breakouts are continuous bars of same color = strength in up moves and weakness in down moves
Breakouts are up -closed candles (bars closing on their highs after a breakout )of higher degree (higher timeframes ) we label them in with color as seen for our ppl to understand what the dominant timeframe is trying to accomplish .
Thus we see buyer dominance at least into the range area of liquidity.

Entry bars - once the signal been established we look for entries.
Entry is seen with the Sdt ( shortening of the downward thrust). - weakness in the downward movement.
This is seen as the failing continuation bar(s) of the entry and signal bar presenting off the 200ma which give a sdt and a entry bar to buy within the up- closed candles area.

Continuation bar(s) will come in many forms , one is the move over the 200 .

Partial on entries with fulfillment on continuation confirmation .

HOW WE TRADE

there shall be no excuses

Gl
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.