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    MMXM .Model

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    tiajung humtsoe
    This document summarizes a price action trading strategy using a breaker setup. It describes how a high forms and price breaks above, printing a market structure break and demand zone in gray. Ideally the demand holds to confirm a shift, but if demand fails then price retests the breaker downward. Price then moves to the next area of liquidity at equal lows before reversing direction. It also outlines the criteria for a commonly used range strategy, including the formation of a range, a sweep outside the range points, a market structure break, a test of the formed support/demand zone, and then taking a profit.

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    MMXM .Model

    Uploaded by

    tiajung humtsoe
    701 views8 pages
    This document summarizes a price action trading strategy using a breaker setup. It describes how a high forms and price breaks above, printing a market structure break and demand zone in gray. Ideally the demand holds to confirm a shift, but if demand fails then price retests the breaker downward. Price then moves to the next area of liquidity at equal lows before reversing direction. It also outlines the criteria for a commonly used range strategy, including the formation of a range, a sweep outside the range points, a market structure break, a test of the formed support/demand zone, and then taking a profit.

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    MMXM .MODEL (2)

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    This document summarizes a price action trading strategy using a breaker setup. It describes how a high forms and price breaks above, printing a market structure break and demand zone in gray. Ideally the demand holds to confirm a shift, but if demand fails then price retests the breaker downward. Price then moves to the next area of liquidity at equal lows before reversing direction. It also outlines the criteria for a commonly used range strategy, including the formation of a range, a sweep outside the range points, a market structure break, a test of the formed support/demand zone, and then taking a profit.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    701 views8 pages

    MMXM .Model

    Uploaded by

    tiajung humtsoe
    This document summarizes a price action trading strategy using a breaker setup. It describes how a high forms and price breaks above, printing a market structure break and demand zone in gray. Ideally the demand holds to confirm a shift, but if demand fails then price retests the breaker downward. Price then moves to the next area of liquidity at equal lows before reversing direction. It also outlines the criteria for a commonly used range strategy, including the formation of a range, a sweep outside the range points, a market structure break, a test of the formed support/demand zone, and then taking a profit.

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    You are on page 1of 8

    Economic project on

    PRICE ACTION
    INNER CIRCLE TRADING
    by Lanso humtsoe

    CLASS - XII E
    ROLL NO, 01
    Breaker Setup
    Here is a review of some current price action on a short setup using the breaker setup.

    High forms, price breaks the high/deviates above and prints a market structure break, formed Demand in grey.
    Ideally you want this demand to hold to confirm a valid shift.
    Demand fails to hold and you have a MSB to the downside. Price retests the newly formed breaker.
    Price proceeds to the next area of liquidity (Equal Lows) before reversing
    Range strategy

    Quick write up on a commonly used setup I tend to look for when price ranges.

    Criteria are as follows:

    ⦁ Range Forms
    ⦁ Price sweep/deviation of range point
    ⦁ MSB (Market structure break)
    ⦁ Test of formed SD
    ⦁ TP
    ⦁ Range forms

    -Price outlines two swing points in the market.


    -Price sweep/deviation
    -Following the identified swing points- price proceeds to sweep/deviate before closing back inside range

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