It looks like she used H8.

V Pattern (Enjoy Your Sell)

If I were you I would remove all those indicators (except the price chart). They are a distraction. I traded the EU successfully today without any indicators except the price chart.

1M Price Action System

That is why I tried to bring up the thinking behind the pattern or price movement (as to what could be happening behind at backstage). If you have a "strong support" and then it is followed by a breakout what does it tell you? There are possible Buy ...

V Pattern (Enjoy Your Sell)

The direction of the Higher Time Frames. If you look at the Monthly, Weekly and Daily the price has been moving up and possibly targeting that High of 135.000. If you look at the other majors, the HTF, we can see a stronger USD. It doesn't mean you ...

V Pattern (Enjoy Your Sell)

With the V Pattern you can take both sides of a trade. Since you are still learning I can suggest that you stick with the HTF directional bias.

V Pattern (Enjoy Your Sell)

Thanks Emma. I was only showing the short positions. Also some of the areas I marked may coincide or not coincide with the ones that are according to your rules. I look for what I call decision areas of which stops can be expected to be above the ...

V Pattern (Enjoy Your Sell)

Emma posts the losing ones too.

V Pattern (Enjoy Your Sell)

This is just for the beginners. The failure is possibly due to not applying the V pattern rules from a top-down approach or analysis...

V Pattern (Enjoy Your Sell)

What about posting after to show the losing trades? In the earlier posts some did that but their intentions were to show that the V Pattern doesn't work. However a good Price Action trader knows that Context is more important. A head and shoulder ...

V Pattern (Enjoy Your Sell)

That is because the Context might have been overlooked. Like another member said the V-Pattern is everywhere. It is very important to look at the Context and not just go for and trade any V that you see.

V Pattern (Enjoy Your Sell)

The directional bias is on the upside. Most of Emma's successful setups with the V-Pattern are on the same direction as the bias (trend). Firstly you need to identify the range of the pullback. Secondly identify the Support of the decision area ...

V Pattern (Enjoy Your Sell)

I must agree with you. Emma's V Pattern works as a sign. It is safer to use the Sign with the Context in mind otherwise one might see and trade all the V's including the ones that should be ignored.

V Pattern (Enjoy Your Sell)

I became skeptical of price going beyond the stops above the Absorption zone (where supply won the battle). From a HTF point of view price is still heading down for the Low that broke the Resistance (to form an inverted V).

V Pattern (Enjoy Your Sell)

I think it would help to go through the images she posted and open your charts to see what she's talking about from a bigger picture. Note she said "the strong high that breakout the previous support". So if I were you I would look at her posts and ...

V Pattern (Enjoy Your Sell)

It is not a Double Top pattern. On some setups it might coincide with the Double Top. Please revisit Emma's first posts on this thread. On the part of the Demand and Supply you can add it to it. I use some of the ICT and Wyckoff concepts when using ...

V Pattern (Enjoy Your Sell)

From an ICT point of view the high of the Propulsion Block (in this case).

V Pattern (Enjoy Your Sell)

A contrary view... (if today's price close above last week's Close)...

1M Price Action System

Perhaps you want to say it's simple rather than easy.

V Pattern (Enjoy Your Sell)

No, it is not a double top but rather it is the taking out of stops or the return for liquidity.

V Pattern (Enjoy Your Sell)

You might have to reconsider the entry, stop loss and confirmation rules and add other confirmations. That move was a pure stop hunt of which it still conforms within the V-Pattern (the pattern also is about taking out the Buy Stops). I use ...

V Pattern (Enjoy Your Sell)