Today i am giving you a cheat sheet and one of the easiest way to make money in market. (only if you apply it right).
See the attached picture
1-find a price range, the area that is resisting the price multiple times.
2-wait for the price to break out of it
3-once the price breaks and closed above that area and when the next candle breaks the high , that's where you will get a trigger for your entry
if you can master this simple strategy, you will be able to take trades on your own.
it works on all timeframes. Each timeframe produces different results. For example if you're looking at 1hr chart and your entry , exit will be based on 1hr chart. Similarly if you're looking at 1Day chart your entry and exit will be based on 1D chart.
The same area you used as the breakout will be your invalidation just in case it doesn't work in your favor because you will not be right 100% of the time.
And remember a bullish setup works perfectly when you apply it on a bullish trend. The easiest trade is the one that is taken in the trend direction.
i posted it before and posting it again because we are in a market condition where this strategy can help you to make money.