15M TF Swing Failure Trading Example
Updated
In this idea I show you how I trade swing failure patterns.
This is good for any time frames but lower time frames are preferred.
Very simple idea yet works pretty nicely.
Let me know what you think.
This is good for any time frames but lower time frames are preferred.
Very simple idea yet works pretty nicely.
Let me know what you think.
Note
There seems to have been a typo I didn't notice. Here's the updated idea + extra confirmation setup.Sell Setup:
1 Price has to close lower than previous high candle (but still be within the previous candle).
2. After candle close, place a short and let it run to your target tp.
Buy Setup:
1 Price has to close higher than previous low candle (but still be within the previous candle).
2. After candle close, place a long and let it run to your target tp.
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