Trade analysis 29
● Points to Win
First,in Verification Modewatch everything around the zone and after breaking the zone, and the places where you retrace. Basically I don’t apply fine discretion, but if you want to avoid losing or level up, keep the following in mind.
・Price action with clear highs and lows
Not a choppy, range-bound market; a market with clear upward or downward movement is preferable. Sell at higher prices, buy at lower prices. Aim to sell after it rises, and aim to buy after it falls.
・Near the zone or after breaking the zone, confirm a strong bullish candlestick(for buying)
If buying, confirm a support stop and if selling, confirm a resistance stop. For example, a long lower wick pin bar or a spinning top. Especially when the reverse trend is strong, it’s safer to take a small pause.
・Smaller stop losses
If buying, aim for a distance not far below the lower wick of the preceding candle, so that the stop loss is small. Or, if the trade moves against you, you may cut early.
※Win rate is only the result of optimization and does not guarantee future market conditions, so please be careful.
For other basic rules and how to use indicators, please refer to the course. Thank you.