Forget so here we are in the thing I'm looking at the one hour chart and this is very obvious that there
is a pullback.
What else are we looking for a breakout.
So after a pullback when I look for a breakout here it is we draw a line and line work out matching
the highs the lows goes.
Yes.
So this is the breakout.
This is the pull back testing the top of the flag.
We use a flag for Breakout.
Now this seems to be to go.
This is the outcrop Everybody is one hour back that's that you've got a look at it.
So with the break camps I want to show you what I think five seasons and through breakout doses of Fosdike
out
into false breakout.
So the break up came volume came but then the bar didn't take it either.
He moved back inside the flat.
So this was the indication that the breakup was not coming.
And also we didn't see him after the break out maasi volume coming in because when price came down inside
the flag up and down where we were in here this is the break out.
Is Baalim now didn't quite give us the energy we were looking for pull back three four five hours later
testing the top of the flag and then put into the hammer on the chart and then embellish and Golffing.
So these two together it's the indication they the break out is happening.
Price is more than about making May volume is coming in
and then more volume then once you find these breakout right here you want to go inside the see the
1 minute chart.
Let's see what that looks like.
Sometimes the currency doesn't trade enough but this is the flag and we're looking at the price.
But talk about it pull back down.
Test them all over festooned with a flag and then we'll go.
So this is the one minute shop.
You see these it doesn't it doesn't read a lot more in bars.
Another big one is with the break out.
Can we pull him.
Pull back a few times a few times more sideways and then came down past that and then moved up.
But here is the key piece.
The top of the flag held in price over the back of the moving averages and then shoot up into the consolidation
area.
You can get some line
in and we can also get support like
H1-Bs is
a one channel.
OK.
That you make it up with your.
So we have a prize for being down for just a split second and then back up again that this could have
taken out people.
But then the price returns of the support are here.
And then what happened.
Born in Germany look at the volunteer work.
You look at these big battles here would be it would have been a place to jump in price range from 12
20 up to 20.
The 12:17 bank of Ag and then reversed and then you could take your profit you could because of pollution
here in price by the rate that the top the bottom of the channel we are here.
But this was the place to enter.
So you see price come down past the top of these flags right here.
So this was obvious and then fast moving about the moving average.
All of them moved up.
Beautiful.
And so they did pull back a little bit but will survive up about the.
And then run them with money we wanted.
That was the key piece.
Now let's look at it because these currency doesn't read a lot.
We see
a lot of it's a movement.
This is just like not really.
Well let's look at the A if you minute shop.
Same same same segment.
So Vesely is the flag that we look for the chart and the one minute shop and it's the same in the shops
in Adium and then right here and the top brass comes on a look at these tests on the fly as well as
the 50 simple moving average so these will be a place to enter the position with the help of the Flum
help money flow started to go up.
Very good.
And then Boeing is coming in see many getting Byres down here on the bars.
And now the big volume spike beautiful and then price consolidated.
So when you look at the 15 minute shop look at that orange line that AKA its longest price remains above
the May stay in the trade.
These are breakout with volume.
See above right here but is one of the families especially this is the volume in terms of jumping either
yes this pullback in down a little bit.
Tested the movie never ages but price was right about it and the volume wasn't huge.
And then more volume is coming in.
This is the excitement.
One to look at his third bar
back and then you start seeing some red Dunbar in power and money flow is into oversold.
It's going to move down.
So here is where we close the position.
If you're not sure which for the movie leverage so is the A-team a hole in you can stay in the position
as long as price closes above BATNA as soon as it closes below it closes the position for all or as
soon as price violates the support.
This is your support right here by late Friday or close the position.
This is a 15 minute chunk.
So this would have been around from 11:17 Let's say you enter here 11 96 all the way up to 12.
Eighty three also not a way to know where to exit the trade as we mentioned before.
Look for areas of resistance and support.
We've got to pull back the chart and you draw on the line looking at previous highs and lows.
So we see some highs and lows around here.
Yeah.
So these would have be in place in the
He's will be in another place I'm looking at the high right here and these will be in another place.
So if prices continue higher which you might be going to forget those are were the next target.
If these if this channel wasn't violated the support was money the price will have continued a 45 degree
angle all the way up to thirty six point sixty two.
So you stay in the trade is longer support holds support fans and then you have Dunbar's and money flows
moving down in a global position here here volume is increasing it is all selling.