wait for the bullish candle near support zone (engulfing or pin bar) later i provide more brief on this setup how to trade this setup...
hi guys this is just i making head and shoulder...just analyzing...but we wait till over strong resistance not break to go long...
both long and short ...wait for the breakout..market is in channel
wait for the breakout...or take the support area to go long ...but wait always for (engulfing or pin bar)
wait for the bullish candle(engulfing or pin bar) near retest area its over strong support..if it breaks the trade is invalid...
wait for the rejection near blue zone...right market making LL so we go for short...if market make bearish candle (engulfing or pin bar) if market breaks then this trade is in valid and we update new strategy for AUDJPY..
market reach its retest area let the market reject that area and wait for engulfing or pin bar the go for short...short after the rejection...ok
wait for the strong rejection...market still in sell zone bcz that blue zone is strong resistance....if market breaks this blue zone the trend will change in to uptrend ...so wait and watch...
market is retesting the strong resistance...if it breaks we go long ....or market also retrace from here bcz market make double top....so better wait and watch..
wait for the breakout and we short the retest...
wait for bullish engulfing candle or pin bar...near support zone...long but wait for strong signal..
wait for the breakout of strong support...then we look for short trade ...otherwise if market take support from here we go long to make new high...
market breaks the channel and strong support also breaks..let the market retest and we short the retest...till profit target...in weekly its a strong bearish signal...pin bar..