BEST STRATEGY TRADING | BEAUTIFUL SET UP BUT FAILED | WHY?
Hello assalamualaikum warahmatullahi wabarakatuh Welcome to the funny TV channel OK, this time I want to share Why is it a beautiful set-up but it doesn't work, why is it a beautiful setup but can't bounce the price as far as we hope Okay Guys here I'm just sharing I don't mean to patronize So, if you feel something is wrong or not quite right, please correct it. Okay , let's continue. So why is it that a beautiful set-up has failed to turn out like this ? like this I draw when the price is in a downtrend like this okay Here there is a sell setup with for example here there is a drop base drop, yes, then when the price returns to this area then here we can immediately sell, why can you sell immediately, is it definitely valid it will go down the price after we sell, yes not necessarily, only the probability is higher, because in Forex itself nothing is certain, we only play probability So, yes, that's in my opinion, why is it that I can immediately sell there because in my opinion when the price returns to this area, it's still in a different sell momentum when for example the price has gone up like this then dropped like this then went up this way For example Previously here there was also a set up like this going up, right like this, it means here there is also a sell setup, but if it's like this, this is already a buy momentum, when the price touches this area, don't immediately sell it and don't sell pending orders either, that's in my opinion because the momentum is already buying momentum, so what should we do? Wait for confirmation! What confirmation is an indication that the price after touching this area will go down again, what kind of confirmation? Can you use engulfing you can use Quasimodo, you can use three drives if it forms or what chart pattern do we know the point is the price reaction here. How is that? Is there any indication that he will reversal if he has indicated a reversal? Okay, we open a sell position , so it's like that.
Danger if we suddenly start the cell, it could be a price break or he's just sideways, then the price will fly differently again if his position is still here. That means we can immediately Open a sell position, instant cell or pending order when the set-up is still in a sell momentum, when the setup is cell the momentum is still selling , guys, is the momentum just like this? no! there are other forms, for example like this guys Hi, this price has gone up and then down, right, here there is engulfing, here is a beautiful set-up, right, there is support, there is a parallel base drop and this is if we go up going to the daily or H4 timeframe, it turns out that here is engulfing, then this is a beautiful setup for cells but if he before coming back here it turns out that here it forms what is called a doji pattern with long Shadow, engulfing, pirsing or whatever, I don't understand clearly if look at the shapes we know then we confirm to the left area here there is still a fresh SND or demand, then that's also buying momentum which means when the price hits here we need confirmation before we sell it's different again when the area here guys, this area here has been penetrated even if it is a little, then it rises, it is penetrated a little here in the sense that there is a candle close under this area, not just a shadow. If it's just a shadow, it might fake out . If this area is already the price was penetrated here, then he went back up then it was more convincing to open a sell position OK, let's see an example, go straight to the chart, OK, here if we look at the last price, if we see this is actually in buying momentum, according to I think the price is going down, the price is going up, the price is going down, this has already formed an up structure, from here, right, the structure has gone up, this area has already been broken, this has formed an Up structure, so when yesterday you wanted to sell here, don't suddenly cell but waiting for confirmation, why is that, why is it cell there, here if we see, here there is a double maru, and THIS is the daily timeframe, you know that if there is engulfing or double maru which is parallel to support resistance , here there is support, support that is parallel to double MaRu, we can use it for cells but the problem is he is in buying momentum, what should we do, we go to a smaller timeframe to wait for confirmation Please don't go straight to the cell, And we're looking for the best area here yesterday, I still remember the method. Now, let's go to a smaller timeframe. Let's go to the Line chart, right, let's see now I'm on the h1 timeframe and now I'm changing it to the line chart, OK . clear right? we focus on this area in this area, this blog is shaded, here there is support here, there is support here, there is a drop base drop, but this is outside of this shaded, it means it's outside of double Maru, meaning this area is here now. parallel to this we
give a horizontal line what happens there Now here guys, here here is the support here there is a drop base drop, OK, let's move again to the candle, now here guys, support, here right there is this small blue candle eaten by this long red candle, and this area is Snd, Haven't touched it at all with the next candle, it means this area is still fresh, this is a beautiful setup. It means we can open a position here but again because this momentum is a buy momentum at the end here , we can't suddenly go straight to the cell, so this is the line, actually if we are pending orders, we actually make profits right away, had a little floating, but that's not recommended, because what, yes, that was, especially if it still hurts h, this is directly cell i Hi Ho Oh yes, that's okay, just in my opinion it's safer to wait for the confirmation confirmation. What do you think? Yes, after this blue candle has occurred, this red candle continues, this is a confirmation, there is engulfing here as well form engulfing, engulfing which is parallel to this resistance after the price drops here, which means this indicates it is a double top, right and you could say because it is still parallel is hidden quasimodo, now when the price rises here from here to here, we just sell stop The loss is still above this. In my opinion, this means that the cell is confirmed. This means that the target is confirmed. Because this is a buying momentum. Remember, we must always look for the target, where is the target, here, guys, Hi Ho Hai, it means yesterday's cell, the short target. it's been
achieved, why is it there, let's just slide it here, now, there's resistance, there's resistance, there's resistance since ar with double maru If THIS wants to be held, yes, you can just plug in SL plus or move the BEP like that, for example , if you want to wait, where will you wait ? The exit area uses Fibonacci like this, I pulled it after I opened the position here, maybe I'm still confused about determining the target area, after waiting, if it's still like this I'll take it like this in this engulfing, so yeah, this is already the TP at 261 or 161 so it's not far because the momentum is buying momentum, but when it's gone down here, it has formed this, now I'm pulling it back here to find out how far the target cell is, why is it like that, yes, if I look here with the Fibo Weasel theory , the only CB is this . And what breaks is this long candle. It means that the price is still likely to fall again until this area is here, guys, this is according to my version Oh yes, according to my version, if we look to the left and the left, bro, to the left, this is left and right, here there is also a resistance that is parallel to this. Yes, it is possible that he will go down to form a sadhow here and then I'm sure he will go up again, that's my prediction Yes, so the prediction can be wrong , but if you look at the market structure, it's like that, that's how I open a position when there's a good setup, just opposite the momentum, I'm waiting for confirmation after confirmation, just open a sell position, guys, now this is another theory Also, this later, maybe someday we can discuss it, here there is accumulation here , there is a re-accumulation, here the distribution means that it is possible that the price will still go down first, if after this accumulation area it might bomb upwards, so that's it THAT's a confirmed example, let's try to find an example that isn't confirmed, it means it really failed or failed, OK, here it looks pretty too, here it is support, here we have support, we pull it like this, it's parallel to the double maru, right, but why is the price going up without a correction, Hi, this failed, remember what I said earlier when we found a good setup, we had to lower it to timefrime the smaller one then we look for confirmation when the momentum is opposite, this is a cell setup but the momentum is buying momentum, why does it say momentum buy here the price has reached the target, meaning the target here has touched the double bottom area here guys, here, engulf has touched the double bottom area is here and forms what I said, forming a long shadow and then forming a doji here too, meaning that when the price moves up the momentum is buying momentum, it's different if this price can penetrate here and then rises here it's still cell momentum because it failed to penetrate this area then when he goes up the momentum is buy momentum, okay if it's like this if we want to cell in are Yes, this blog is in the block or set-up area, so we have to wait for confirmation when we bring it down to Timefrime h1 there is a confirmation Cell Is it? double top engulfing, quasimodo, or whatever A Duh can't do it, WHAT'S THROUGHOUT It's far here, it's already here guys, if we look at this, there's no confirmation here , there's no confirmation. Even though if we look at it guys, after the price , it's really significant, right? the drop base drops and the price goes up slowly it looks like small compression, but there is no confirmation whether it's engulfing quasimodo or something, that's why here, don't wait for orders, don't send instant orders, don't open positions if there is no confirmation, okay? Okay, hopefully it can be understood Hi If there are still shortcomings, I'm sorry but that's what I can share, maybe there are shortcomings in my presentation Well , indeed I am still limited in problems by the word conveying this material, I just mean that's the point when there the setup and setup is beautiful, don't forget to pay attention to the momentum , if it's still one time, Mas, the setup momentum, I have the momentum, OK beat it but yeah don't forget SL , but when setup, buy momentum. Wait for confirmation, no confirmation, no entry, and how to find out the momentum, that is, by looking at the market structure, the market structure is a lot. Later, friends,
you can learn on other channels or open Google or something. and an addition from me when the momentum is opposite is when the price after touching the supply-demand area or a strong resistance support it turns out to be unable to penetrate and reverse direction until it hits the opposite direction of our setup again, the momentum is not in accordance with the setup momentum because it doesn't able to penetrate like this Hi, this is not able to penetrate the price even though it is very strong but unable to penetrate this support area, this demand then when it rises I say the momentum is buying momentum, so when we get to the cell area we ca n't immediately cell or suddenly cell wait there is a confirmation no confirmation no entry so that can arrive right and I'll end it Wassalamualaikum warohmatullohi wabarokatuh
2022-01-31 06:30
