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Re: Trading Pullbacks System

claytonbj88, Mon May 03, 2021 9:49 pm

Meyney wrote: Sat May 01, 2021 4:06 am Great idea C! Perhaps you can already study a bit by yourself. Suggestion: load a 1H chart with the round nr's and watch price action=candles at the round nr. Switch if ness. to lower TF's to spot how price is zigzagging (HH HL / LL LH) around this level. Please share your findings here so the other members can benefit, thanks in advance and best M.
Ok so what i can see on the H1 TF is price broke structure on the 24th of February as price pushed and broke 84.910 and continued on a uptrend towards, 85.970 and then starts to create a small pull back at 85.970 on 8/3/2021 before continuing to push upwards to 88.090 round number creating a new HH on 16/3/2021. price then retest at 85.970 on 23/3/2021 before then trying to brake previous HH making another attempt to push to the upside but fails, price then returns to previous LL at 85.970 on the 19th/3/202. price then pushes towards the previous HH at 88.090 then brakes pervious HH structure creating a new HH.
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