EURCAD PERFECT FALSE BREAK TRAP RIGHT INTO 4H SUPPLY -

4 dic 2020

PLEASE IGNORE CHARTS ON THE RIGHT

IF YOUR LOOKING FOR A PICTURE PERFECT PRE SET UP

THIS IS IT

THE KEY INGREDIENTS

1ST PART OF THE SETUP

1 4H SUPPLY
2 STANDOUT SWING HIGH
3 BREAKOUT BUYERS - WHO HAVE NO CLUE OF SUPPLY-DEMAND

2ND PART

1 BEAUTIFUL REACTION AT 4H SUPPLY PINPOINT PERFECT SUPPRESSION OF MOVE UP RIGHT AT THE EDGE OF SUPPLY
2 STRONG BREAK OF SWING HIGH LEVEL

LOOKING FOR A RETRACE TO SWING LEVEL

A FEW CAVEATS TO THIS SETUP, MAIN ONE - WE DONT HAVE THE TREND WITH THE TRADE

I WILL BE WATCHING FOR REACTION AT THE LEVEL - IF I DONT SEE IT I WILL LEAVE THE TRADE , IT IS FRIDAY ANOTHER MINUS POINT

THERE ARE A FEW WAYS TO GET INTO THIS TRADE ON LOWER TIME FRAMES - PM ME IF YOU WOULD LIKE PA LESSONS

4 dic 2020

Nota

PLEASE IGNORE CHARTS ON THE RIGHT