Hey traders,
Following up on yesterday’s lesson about the Trend Changing Pattern (TCP), I wanted to share a real-time example using the CADJPY pair in an intraday downtrend.
Today, we spotted a TCP setup where price action gave us a classic reversal signal:
The market manipulated the low of the TCP zone with a single break.
This was followed by a W pattern and a second attempt that failed to make a lower low.
That failure to create a new low acted as our entry confirmation for a long position.
🔹 Entry: 103.71 (Long)
🔹 Stop Loss: 103.28 (Just below the break low for protection)
This trade setup perfectly illustrates how price structure and momentum shifts can help you catch early entries during trend reversals.
Stay sharp, manage your risk — and have a blessed trading day!
Following up on yesterday’s lesson about the Trend Changing Pattern (TCP), I wanted to share a real-time example using the CADJPY pair in an intraday downtrend.
Today, we spotted a TCP setup where price action gave us a classic reversal signal:
The market manipulated the low of the TCP zone with a single break.
This was followed by a W pattern and a second attempt that failed to make a lower low.
That failure to create a new low acted as our entry confirmation for a long position.
🔹 Entry: 103.71 (Long)
🔹 Stop Loss: 103.28 (Just below the break low for protection)
This trade setup perfectly illustrates how price structure and momentum shifts can help you catch early entries during trend reversals.
Stay sharp, manage your risk — and have a blessed trading day!
関連の投稿
免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。
免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。