Haunt training levelsHello friends
We are back with another tutorial.
This time we are going to tell you a more advanced strategy.
Well, when a trend or structure forms, it doesn't matter whether it's bullish or bearish. In our example, it's an bullish structure. You should be careful that every structure eventually ends, and this ending has a series of signs. In this strategy, we'll teach you what those signs are and how to enter a trade and make a profit.
Well, as you can see, the buyers raised the price, and considering the higher ceilings and floors, we can tell that our structure is bullish and the buyers' hand is strong...
Here we are waiting for buyers to weaken, which is the important moment when, after hitting a ceiling, sellers push the price down, and you think that the structure has changed and enter a sell trade, placing your stop loss above the spike and waiting for the structure to change.
This is where the buyers come in and make their final move, hunting the previous high and your stop loss is triggered.
What to do now?
So, as we said, when you see the weakness of the structure, draw a resistance level like the level we have specified for you.
Now the price is falling from the ceiling and we are just waiting and when the price reaches the level again and cannot stabilize above our level and does not have the strength, so to speak, our level is hunted and the price falls, we do not expect to be able to enter the trade right there Because we need more confirmations.
So the price comes back and reaches our level, which we call a pullback. At this point, we must be very careful that the price weakens before our level or weakens at the level and cannot stabilize higher prices. This is where we enter the trade and our stop loss is placed exactly behind the hunted ceiling.
The target can also be the first price bottom and then, if the sellers are strong, lower bottoms...
Be careful that the win rate of this strategy is 70.
Be sure to observe risk and capital management.
*Trade safely with us*
