Valerka 🔵🟣🎩
@valerymaxx
1/2 Hello, friends! When we trading in the @vooi-app terminal https://app.vooi.io/ we all try to look for patterns to enter a trade. A pattern is an established structure in the market that we want to find, because it allows us to predict further movement with high reliability. Initially, it's necessary to mark the extremes, find the level, and then see what happens to the price near this extreme (is there a squeeze). I like to work with the level breakout pattern, with the situation when the accumulated liquidity is removed behind the level. My rules: - smooth approach (no flying up); - presence of trading; - density at the level; - activity in the order book; - minimum 2 touches. When the level is broken through to long, we earn on the liquidity provided by shorts, placing stop orders and vice versa.
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Valerka 🔵🟣🎩
@valerymaxx
2/2 The difference between a long and a short breakout is that the impulse formation process occurs differently. A long breakout can form in waves, so sometimes you can sit it out for a bit and short movements occur impulsively and are quickly absorbed. The main idea is that we remove the liquidity that stops provide us. In this case, both long and short breakouts work the same way, but at the moment when a long breakout occurs, market purchases on spot are also connected, i.e. this provides additional fuel for the breakout.
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