I've been scalping the lower time frames a lot more recently since volatility has been favorable. Here are some high probability structures I've noticed.pic.twitter.com/3JTGoAfivw
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I've been scalping the lower time frames a lot more recently since volatility has been favorable. Here are some high probability structures I've noticed.pic.twitter.com/3JTGoAfivw
Exhibit A (2nd Setup)
Ascent on declining volume
Div b/w test of supply and previous high
Fails to close above high that tested supply
Leverage this volatility while it lasts, this is one of many other frequently occurring structures.pic.twitter.com/OZfB5ZtG4h
Exhibit E Same pair as the previous. First appeared on the 15m, then on the 1h. Price is fractal.pic.twitter.com/rhnvhoTziy
Double Exhibit (First Setup) This still remains to be one of my highest strike rate setups. Works especially well if the third leg is into a fresh supply or demand zone.pic.twitter.com/bqwPSN0IQV
Based on ur pattern we need a third touch down in pair with RSI right?
The trendline is just for visual depiction. In essence, the pattern is 3 consecutive and approximately equally spaced higher highs/lower lows with corresponding divs. So a div b/w 1 and 2, and a div b/w 2 and 3. Works better when 3 is at a fresh supply/demand zone.
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