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Jako8557

16,642 Posts.

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01/04/17

17:16

Post #: 23791236
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Originally posted by Beany72 ↑

SYR
I've been trying to find setups similar to this Jako,
Breaks through support.
Bar labelled 1 high volume closing well off the lows indicating buying coming in.
Breaks back above (breakout)
Test shows up at 2, unfortunately closes below support and positive response.
View attachment 530925

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That is very similar to a successful short term forex setup that a VSA guy (Sebastian Manby), used to use, I think.
It is a variation on a spring set up.

cheers
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