Will the Demand work for second time???As you can see we have a QM pattern right at the lowest extreme point. we know that there will be reaction there once the price gets there. But the problem is we've already had a one time test of the QM. Trading it for second time could be risky.
how to trade it ??
We can wait for the price to get there and in lower time frame spot reversal then enter long trade.
RTM
usdchf long signalthere is a good chance to long usdchf here.
⚠️ Notice:
I will enter one third of my position on 70/30% of the box and the rest of it in the middle (50%) of the box. My TP would be R/R=3 and 5.
Please trade with your own money management methodology and be aware that trading has its own risks and rewards.
Good luck ❤️
RTM Pattern Explained In RTM style, One of the power patterns is QM. This pattern is of reversal type and spotting correctly insures highly profitable trades taking place.
How to Spot the pattern??
Let's say you are in a down trend , following should happen to have a valid setup.
1. Price makes a LL after making L.
2. Price takes out Last H and Creates HH.
3. if it breaks it strongly your chances are even huge.
4. Mark the L as your entry for long trade.
What if you are on a up trend , following should take place to have a valid setup.
1. Price makes HH after making H.
2. Price takes out the last L and creates LL
3. if it breaks it strongly your chances are even huge.
4. Mark the H as your entry for Short trade.
arpaarpa chain token technical analysis basically on elliott waves principles and rtm priceaction strategy
arpa can be groe fast
wait and watch.
HIGH POSSIBILITY SHORT FOR USDCADBASED ON THE HTF, USDCAD forming a trading range which has strong signs of accumulation by smart money.
Here, in lower TF, I expect a reverse and start a new bearish leg right from that bearish order block which previously caused break of structure in 4h TF and also engulfing in higher scales
ATTENTION: The key of success in trading is self control and risk management and nobody knows where marker swings except market makers!!
eurusd is good for buyhaving a good long position from here, there is a QML for eur and I will add another volume to my long position here to the demonstrated TP.
⚠️ Notice:
I will enter one third of my position when price touch the box and the rest of it in the middle of the box. My TP would be R/R=3 and 5.
Please trade with your own money management methodology and be aware that trading has its own risks and rewards.
Good luck ❤️
ready to long and short on gbpusdgbpusd have gaven me a great short position from top, now Im ready to add more volume on short position in demand zone. but if gbpusd see the tp first, I'm gonna enter in a long position on both two supply zones (blue and red boxes). I will enter one third of my volume on the touch and other in the middle of the box and will save tp for r/r=3 and 5. good luck ❤️