Mostly we tend to take zones that have been difficult to break or find direction due to confluence of mva or in general oscillators
The box strategy helps you catch breakouts
Mostly people will play on areas where support held or resistance. That's why its useful to have this in your ways of playing toolbox
_We will play in smaller timeframes (rejections)
_H1 will be entry so for h4
_Daily is direction
-Engulfings or pinbars,(hammers) are mostly what we'd get in on at a certain zone in a daily range of an h4 closing.
So 1891 is the edge of support and above the tip 1805 is the resistive area
If it doesn't pass the top number,1805_07, chances are high on falling
If outbreaks the top of box with engulfing candlestick on h4 or hammer, with a daily close we'll tend to up.
Thats the way we'll look to take trades based on daily confirmAtion as weekly mn and D1 state direction for short-term and even middle to long ter direction
The box strategy helps you catch breakouts
Mostly people will play on areas where support held or resistance. That's why its useful to have this in your ways of playing toolbox
_We will play in smaller timeframes (rejections)
_H1 will be entry so for h4
_Daily is direction
-Engulfings or pinbars,(hammers) are mostly what we'd get in on at a certain zone in a daily range of an h4 closing.
So 1891 is the edge of support and above the tip 1805 is the resistive area
If it doesn't pass the top number,1805_07, chances are high on falling
If outbreaks the top of box with engulfing candlestick on h4 or hammer, with a daily close we'll tend to up.
Thats the way we'll look to take trades based on daily confirmAtion as weekly mn and D1 state direction for short-term and even middle to long ter direction
Ideas relacionadas
Abc
GCGoldenCircle
about XAUUSD