1. The document discusses strategies for taking positions in trends based on analyzing price action and technical indicators like pivots, Bollinger Bands, and ema on different time frames from 5 minutes to 1 hour and 1 week.
2. Key aspects discussed include looking for breakouts and retests, waiting for confirmation of trends in lower time frames before entering, and taking advantage of weakness on intraday or daily charts to enter positions.
3. Factors like candlestick patterns, resistance zones, and indicators like ema and Bollinger Bands are discussed as signals to enter positions or as levels that could provide support or resistance for the trend.
1. The document discusses strategies for taking positions in trends based on analyzing price action and technical indicators like pivots, Bollinger Bands, and ema on different time frames from 5 minutes to 1 hour and 1 week.
2. Key aspects discussed include looking for breakouts and retests, waiting for confirmation of trends in lower time frames before entering, and taking advantage of weakness on intraday or daily charts to enter positions.
3. Factors like candlestick patterns, resistance zones, and indicators like ema and Bollinger Bands are discussed as signals to enter positions or as levels that could provide support or resistance for the trend.
1. The document discusses strategies for taking positions in trends based on analyzing price action and technical indicators like pivots, Bollinger Bands, and ema on different time frames from 5 minutes to 1 hour and 1 week.
2. Key aspects discussed include looking for breakouts and retests, waiting for confirmation of trends in lower time frames before entering, and taking advantage of weakness on intraday or daily charts to enter positions.
3. Factors like candlestick patterns, resistance zones, and indicators like ema and Bollinger Bands are discussed as signals to enter positions or as levels that could provide support or resistance for the trend.
go for next lower low, high prop setup • Breakout and retest level, • Extra confirmation with pivot level in 5 min time frame • The impulsive move before rejection was very bullish , need confirmation in 5 min to form either M pattern 1ST entry was on break of 1st candle who break the low in 5 min,a scalping one. 2nd was on trend contiuasion after high crossing of red inverted candle. The Bollinger band strategy • Swing at 1 hr • Positional at 1w and 1m • Intraday at 15 min only Last day weakness can be taken advantage in current day By following the pb setup,the moment in cross the low/opening of the candle. Price mein weakness required hai, only forming tail candle is not a valid entry. Wait for price getting weak. When there is conflict in entry-higher tf is supreme. 2 nd market was in 5 min forming wicks at pivot level and 15 min the same is happening in lower band of bb(90% of time the trade is going in the band only) Strength in 5 min candle was showing at resistance level is falling as candle size is keep on losing its strength, based on resistance zone it could be shorted . Role of 20 ema as resistance and support in the middle of the trend. Bb wall act as resistance and support