1. Uptrend on Daily T.F 2. Major Level Rejection 3. 50 Ema Rejection 4. Pinbar Setup
1) Major Level Rejection 2) 50 EMA rejection 3) 50% Retracement 4) Two Bar Setup
1. Uptrend 2. Major Level 3. Pin Bar Setup 4. 100 Ema Rejection
Major Level and an entry trigger. I love to trade this setup.
I got stopped out on 1HR but I saw a great opportunity on 4HR. I am in a position now on 4HR.
Market has reached a major level and price action is indication that sellers are in control.
Price is at the major support Level with an entry trigger.
Waiting for the market to reach that level.This might be an opportunity with a healthy risk to reward ratio.
Waiting for this opportunity to set up. I am expecting a bounce from this major level back to previous highs. I will not take this trade at this instance. I will wait for the market to reach this Support zone and give an entry trigger.
Market is currently at the major level that is confluent with the 100 EMA. Also the higher time frame trend is up. So looking for a long opportunity. We are looking for some more confirmation.