How to Exit Profit Targets :

To determine the profit target is the size of the Mother candle itself. If the size of the mother candle is 35 pips, so we set a minimum TP of 35 pips according to the size of the Mother candle.

SL Placement :

This stop loss is a safe loss, don't forget to use it if you don't want to lose more when our setup is wrong. For the SL set on this technique 30pips

BREAKOUT AND REJECT

In trading, breakout is one of the important things that every trader needs to know and learn.

This is because most of the techniques used for trading use only 2 concepts, namely BREAKOUT and REVERSAL.

To determine that REVERSAL has occurred also requires the occurrence of a BREAKOUT.

When we learn about BREAKOUT, we will indirectly learn some things about REVERSAL.

Example of breakout buy setup technical

Breakout buy setup in real chart

Example of breakout sell setup technical

Example of breakout sell setup technical

Can we consider BREAKOUT if only with shadows ??

The answer is CAN’T. Breakout must occur by means of a close candlestick body
exceeding the highest price before or the lowest price before.

See an example below :

REJECTION & BREAKOUT BUY SETUP

REJECTION & BREAKOUT SELL SETUP

So, the conclusion is that BREAKOUT can only occur after the body candlestick closes past the previous highest or lowest price.

If we want to use the shadow as a BREAKOUT signal, we need to go to a lower timeframe until we find a candlestick that manages to close above the previous highest or lowest price.

This method is very risky because the smaller the timeframe used, the more risk of "false signal".

How to want to Mark Zone for Pair xxxUSD xxxJPY :

⚜ xxxUSD :

Must Mark On Body Candlestick U

⚜ xxxJPY :

Must Mark On Shadow Candlestick

Marking Zone For Pair xxxUSD

STEP 1

⚜ HOW TO MARK BUY ZONE FOR Pair xxxUSD ONLY

⚜ CANDLES ONLY✅

STEP 2

Third Candle Fail Break First Candle So Need To Wait For Fourth Candle Or Next Candle For Valid Zone Buy

If Next Candlestick Fails To Pass First Candlestick So Zone Buy Was Invalid

Marking Zone For Pair xxxUSD

STEP 1

⚜ HOW TO MARK SELL ZONE FOR Pair xxxUSD ONLY

⚜ CANDLES ONLY✅

STEP 2

Third Candle Fail Break First Candle So Need To Wait For Fourth Candle Or Next Candle For Valid Zone Sell

If Next Candlestick Fails To Pass First Candlestick So Zone Sell Was Invalid

HOW TO TRADE A HIGHER CLOSE CANDLE?

Step by step of how to trade a higher
close candle.

1- Wait until the Daily candle
close over the previous Candle.

2- Wait for a 1our
bullish correction

3- Buy at the
breakout

SETUP SUPPORT BREAKOUT

We can entry sell when the price make a pullback to the zone

We have 3 Types of risk zone for entry breakout setup :

- High risk zone
- Mid risk zone
- Low risk zone

SETUP RESISTANCE BREAKOUT

We can entry buy when the price make a pullback to the zone