Recent drop on gold: image Let's see if we could refine it: image Yes, it was H&S, and the entry was hooked to original point of departure to break 1st candle low. Red rectangle is the entry, and SL if you wish.

Third candle bounce

Actually you gave me an idea. And I'll name this setup after you. Flash Setup. And it's really simple. Bullish setup: 1. 2nd candle breaks 1st candle high and closes near high. 2. 3rd candle dips below 1st candle high and bounces above 2nd candle ...

Third candle bounce

Actually, this is the bounce of 3rd candle off 1st candle high/low. To refine the entry, we can zoom in to what happens in 1st and 2nd candle. Or just use the wick of 3rd candle. Rectangle marks the area of interest. EOD is the end of day, close of ...

Third candle bounce

Let's look at BTCUSD. I marked second candle. image The third candle didn't bounce. But there's a setup there. Once second candle paints it's time to look for setup. image Zoom in to one hour. Second arrow marks the point of departure. See, it's ...

Third candle bounce

I believe I supplied some options. This is not a signal service. I will explain what I do in my trades.

Third candle bounce

It's easy to see the bottom develop. It starts with a fractal. But then you sit on your hands thinking that you're late. This is how you get in.

Third candle bounce

It's better that it does, then the setup is easier to find.

Third candle bounce

It's everywhere. Open your mind.

Third candle bounce

I marked bullish and bearish patterns connecting three candles with green and red. The SL depends first two candles, on what third candle touches and how it develops. About TP. You see, you can be precise about your entry and SL because they are in ...

Third candle bounce

I understand that you wish to simplify. Pattern is painted but the reasons are many, depending on context. However, I'll provide additional conditions where the pattern probability increases. For your exercise, look for pattern right AFTER the tops ...

Third candle bounce

If you like trading, that means you have predator mind. Predator's eye instantly zeroes in on a point of pain, on a point of weakness. I will post explanation later, but for your exercise, find these setups on Daily chart, and then see where the ...

Third candle bounce

@NextElliott is this you?

Gold By NextElliott

I like this trade plotter with pips. Can it be shared please?

"AUSSI" my thread and anything I want to put here

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Going with the flow MACD

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Going with the flow MACD

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Going with the flow MACD

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Going with the flow MACD

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Going with the flow MACD

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Going with the flow MACD