Published On Sep 29, 2024
In this exercise, weβll focus on identifying breakouts, looking for a pullback, and then buying a high one (or selling a low one). There are three drills in one, and Iβll guide you through all of them!
1οΈβ£ Identify the Breakout: Look for a breakout to a new high or low. Mark it with an arrow, then find the pullback.
2οΈβ£ Look for the Signal: After the pullback, find the next signal bar in the same direction (bull or bear) and place your stop entry.
3οΈβ£ Track Weak Signal Bars: Learn how to spot weak signals and how to react when they fail.
πChapters
00:00 - Intro
00:35 - Identifying a High 1 or Low 1 (H1 / L1)
03:39 - Weak Signal Bars
06:55 - Going BELOW the High 1 / Above the Low 1 - What happens?
08:29 - Recap exercise
09:04 - Outro
π» Blog Post: https://zentradingtech.com/2024/09/27...
π― Happy trading
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π» Blog: https://zentradingtech.com/
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