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Up and under price pattern

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Money is made by sitting, not trading. Jesse L. Livermore
EG
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Good morning guys. As I was reading through the thread and I managed to get two trade setups. I can't send photos as i am on the mobile. So i stand to be corrected.

#1 setup is Gold I see it going down on Monday.

#2 setup is EURCAD is going up.
Both on hourly chart.....

Anyone to help if iam correct or ?
Quoting Zekiefx
Good morning guys. As I was reading through the thread and I managed to get two trade setups. I can't send photos as i am on the mobile. So i stand to be corrected. #1 setup is Gold I see it going down on Monday. #2 setup is EURCAD is going up. Both on hourly chart..... Anyone to help if iam correct or ?

i would suggest you wait until u are home at your laptop or desktop and send pics ..... thats easier to see what you see or what you think buddy ;-)
May the Sheen be with you....
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Quoting Trueman23
{quote} i would suggest you wait until u are home at your laptop or desktop and send pics ..... thats easier to see what you see or what you think buddy ;-)
thanks... Managed to get it on mobile... Can you see what I was talking about?
Here is ECAD..
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your Eurcad is for my taste to much ranging or up and down movements i like my qm´s more clear ....maybe other traders can take it ..for me sideline

the gold set up i see it like this (blue arrows)


just my 2 cents or my view on it .... :-)
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May the Sheen be with you....
Quoting Trueman23
your Eurcad is for my taste to much ranging or up and down movements i like my qm´s more clear ....maybe other traders can take it ..for me sideline the gold set up i see it like this (blue arrows) just my 2 cents or my view on it .... :-) {image}
thanks for your input man . I believe I get the idea now.

So a perfect one is when Market structure is broken then a retracement to that previoise resistance or support..
(Market structure. Retrace to support or resistance... Prior to the stops where they were taken then strike).

Thanks man. Will observe more setups
Trueman23 I believe the clean setup would be something like these. MS broken to the upside. Then we have price retracing to that level prior to the stops hunt down... Entry on the arrow there hey... M k right?
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yes looks like one possible set up (structure is correct in my eyes)
study the charts of the other gentleman here and you will have a good understanding of what to look for :-)
May the Sheen be with you....
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Morning guys. I am finding it difficult for me to locate those HHLL HL... Anyone with a PDF maybe of how to train our eyes to locate those point of reference.(Higher high Lower low Low and High)?

Cheers.
spotting them is a question of training....repeat it repeat it repeat it ..... go back in your charts and find them in hindsight and try to translate that into live market ...

if u google for quasimodo pattern you will find all infos you need i think...also in this thread there are some links given with some explainig.. just search for it :-)
May the Sheen be with you....
Quoting Trueman23
spotting them is a question of training....repeat it repeat it repeat it ..... go back in your charts and find them in hindsight and try to translate that into live market ... if u google for quasimodo pattern you will find all infos you need i think...also in this thread there are some links given with some explainig.. just search for it :-)
been doing that since I came across these thread. Reading it over and over.. studying the pictures send in here....... And thanks for your guidance man. Really appreciate it.
Here is CADJPY 4H. I think I managed to spot it here... Correct if wrong. And looking on high Time frame we going down.. daily and monthly we sitting on the Supply area..... Anyone to correct if iam wrong about my Quasimodo
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Tiny bit late on the entry. Let's see what happens.
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Quoting SkyLaser
Tiny bit late on the entry. Let's see what happens. {image}
Great
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