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There is a long scalp in this- but got to be fast and careful...

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specgoldbug

12,874 Posts.

370

15/02/19

22:40

Post #: 37455405
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Originally posted by RickM ↑

Originally posted by specgoldbug
Ok so here is a potentially topline trade ----H4 HEIKIN ASHI-----H4 STANDARD CANDLE AND H1 STANDARD CANDLE

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Now your getting the idea Spec about REJECTION candles. Don't get to comfortable about pinbars because the big players love to run them.
Also they often revisit that liquidity zone again so get your stops away and just trade with the REJECTION SETUP.
Better still, just come down to M5, it all the same.
I reckon that spike was a stop runner.

I just run with Higher Highs and Lower Lows and wait till the cycle is rejected, SEVERAL times. Your setup looks great.
Check out where the Accumulation area normally is, right at the base of a SOLID last Bull Candle.

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There is a long scalp in this- but got to be fast and careful...
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