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

3 Types Of Entry Zone And Calculate Our Risk Entry

When the Market Breakout, we just need to wait for this confirmation occurs. Dont chase the market. We should wait for the Price to enter the Sideways Area Again. This is an Examples for 3 Types of Entry zone

Scalping Technique Using Resistance

📌 Make sure the candle or shadow enters the resistance zone.
📌 SL can set 20pips-30pips from the resistance zone.

Scalping Technique Using Support

📌 Make sure the candle or shadow enters the support zone.
📌 SL can set 20pips-30pips from the support zone.