EURCAD: Three days cycle

5월 28일Hi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you!
“Trade setups, not movements”

1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion)

• Monday DAY 1 Opening Range
  
• Tuesday DAY 2 Initial Balance ✅ Three days cycle
  
• Wednesday DAY 3 (reset DAY 1) Mid Point Week
  
• Thursday DAY 2
  
• Friday DAY 3 Closing Range
  

2. SIGNAL DAY

• First Red Day
  
• First Green Day
  
• 3 Days Long Breakout
  
• 3 Days Short Breakout
  
• Inside Day
  

3. WEEKLY TEMPLATE

• Pump&Dump ✅
  
• Dump&Pump
  
• Frontside
  
• Backside ✅
  

4. THESIS:

• Long: N/A
  
• Short: Possibility to see this market going to stop the previous LOW, long traders are still in profit and most of their SL are mostly below that level.
  

Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement.
Gianni

5월 28일

코멘트

10am US major red news, no trade setup will be taken before that time

The market at the beginning of the day placed a lower low and pumped up involving three levels of rise. High is place and retested already. If it holds, it will be a good opportunity to short this level, back to the previous HOW.

5월 28일

코멘트

Market broke higher, 10am above ema 5 minute chart, no setup