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This put up accommodates some screenshot examples from my TD Sequential product right here:
https://www.mql5.com/en/blogs/put up/749596/
And my commentary on how you can commerce the perfect indicators. Notice that each one of those examples have M5,M15 trades.
However these are simply instance indicators to see how you can learn the chart.
DO NOT commerce instantly after Arrow. Learn the chart first. Or else you may need losses.
Setup bars drop was not that a lot. However worth throughout countdown appears to be ranging which is nice.
Look ahead to a robust Upwards inexperienced quantity bar and place a Purchase. If Pivot level is close by, place a Purchase Restrict on that Pivot.
Similar means, Setup bars rise was not that a lot. However worth throughout countdown appears to have began ranging. Which is nice.
Look ahead to a robust Downwards crimson excessive quantity bar and place a Promote. Wait for under 8-10 extra bars. If not the skip sign.
If Pivot level is close by, place a Promote Restrict on that Pivot.
AUDNZD is following the identical course as AUDUSD above. Look ahead to a excessive quantity crimson downwards bar.
Value throughout countdown has already gone a bit excessive. And there’s a doable help forming beneath it.
Look ahead to worth to hit help close to 1.29100 and if worth bounces again upwards and varieties a inexperienced excessive quantity bar, then place a Purchase commerce.
Setup and Countdown each have an excellent rise. And countdown appears to have discovered a great resistance.
Look ahead to a excessive quantity crimson downwards bar however be certain that it hasn’t gone too low.
As soon as once more if a Pivot level is close to use that for Promote Entry.
Similar as above EURJPY. Look ahead to a excessive quantity crimson downwards bar.
Wait for under 8-10 extra bars. If not the skip sign.
Good time to Promote as a excessive quantity crimson bar has already occurred 3 bars again. However preserve Take Revenue shut.
As a result of Setup rise was not that a lot.
Countdown appears to be rising very quick. Has not discovered a variety but. Value may preserve going upwards. So don’t promote but.
Look ahead to robust quantity crimson bar downwards. And a variety forming.
Value is in a variety. However look forward to 8-10 extra bars.. For a robust quantity crimson bar downwards. If not the skip sign.
Value continues to be climbing. Vary has not but shaped in countdown part. Value may nonetheless rise. So look forward to a variety to kind.
And like at all times look forward to a robust crimson bearish candle. However solely look forward to 8-10 extra bars.
Value is in a great vary. A powerful crimson bearish candle has occurred 6 bars again. So a great time to commerce Promote.
However setup didn’t rise that a lot. So preserve a detailed Take Revenue.
Each above examples are related, however on completely different timeframes. Value appears to be rising nonetheless. So look forward to a variety to kind first. And a doable resistance stage.
If utilizing Pivot ranges, commerce promote if vary varieties close to a Sturdy Pivot stage.
Sturdy bearish quantity candle has appeared downwards. So wait few extra bars to confirm the vary. As a earlier Assist additionally appears to be close to identical stage.
So worth will presumably reverse if it’s a robust help. If worth nonetheless retains going downwards over subsequent 4-5 bars and doesn’t discover a vary close to help, then ignore this sign.
Value may be very near a earlier robust help. Look ahead to a bounce again and a robust inexperienced excessive quantity candle upwards. Value will presumably vary a number of extra bars so wait. Do not commerce but.
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