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Price Action Key Level Break HH Rejection

The document provides instructions for entering call and put trades based on price action patterns in the market. It describes two patterns - a "shooting star" pattern that occurs after an uptrend, and a "hammer" pattern that occurs after a downtrend. For each pattern, it provides details on the market conditions, where the price is pushing to, and entry criteria for call or put trades including price level and candle rejection levels.

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Rehan Khan
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930 views2 pages

Price Action Key Level Break HH Rejection

The document provides instructions for entering call and put trades based on price action patterns in the market. It describes two patterns - a "shooting star" pattern that occurs after an uptrend, and a "hammer" pattern that occurs after a downtrend. For each pattern, it provides details on the market conditions, where the price is pushing to, and entry criteria for call or put trades including price level and candle rejection levels.

Uploaded by

Rehan Khan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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SHOOTING STAR

PRICE ACTION GREEN AND RED


REJECTION
KEY LEVEL
❌ BREAK HH
ENTRY POINT BELOW
KEY LEVEL ✅ THE CLOSING PRICE
REJECTION BREAK REJECTION
OP+LL KEY LEVEL ✅
ENTRY POINT ABOVE
REJECTION THE OPENING PRICE
KEY LEVEL ✅
❌

PRICE ACTION

1-MARKET IN STRONG UP TREND (MIDDLE OF TREND) 1-AFTER UP TREND OR WEAK UP TREND


AND MAKING A GSS IN BETWEEN KEY LEVELS.
2-MARKET IN HEALTHY UP TREND AND MAKING RSS AT KEY
2-PRICE PUSHED UP TILL RESISTANCE LEVEL LEVELS.

3-ENTER ONLY IN TO A CALL TRADE WHEN PRICE MOVE 3-PRICE PUSHED UP TILL RESISTANCE LEVEL
IN PURCHASE TIME BELOW THE CLOSING PRICE OF
4-ENTER ONLY IN TO A PUT TRADE WHEN PRICE MOVE IN
PREVIOUS CANDLE AND REJECTION AT LEAST ½ OF REAL
PURCHASE TIME ABOVE THE CLOSING PRICE OF PREVIOUS
BODY OF PREVIOUS CANDLE ON UPPER DIRECTION.
CANDLE AND REJECTION AT LEAST ½ OF REAL BODY+SHADOW
NOTE: DO NOT ENTER IN TO A CALL TRADE IF PRICE IS OF PREVIOUS CANDLE IN LOWER DIRECTION.
BELOW AT LEAT ½ OF REAL BODY OR BREAKING
NOTE: DO NOT ENTER IN TO A PUT TRADE IF PRICE IS ABOVE ½
THROUGH OPENING PRICE OF PREVIOUS CANDLE.
OF REAL BODY+SHADOW OR BREAKING THROUGH HH OF
PREVIOUS CANDLE.
HAMMER GREEN AND RED

1-MARKET IN STRONG DOWN TREND AND MAKING RED 1-AFTER DOWN TREND OR WEAK
HAMMER BETWEEN KEY LEVELS.
2-MARKET IN HEALTY DOWN TREND AND SHOWING WEAKNESS
2-PRICE PUSHED UP TO RESISTANCE LEVEL. AND MAKING A GH AT KEY LEVEL.

3-ENTER IN TO A PUT TRADE WHEN PRICE MOVE IN PURCHASE 3-ENTER IN TO CALL TRADE WHEN PRICE MOVE IN PURCHASE
TIME ABOVE CLOSING PRICE AND REJECTION AT LEAST ½ OF TIME BELOW THE CLOSING PRICE AND REJECTION AT LEAST ½
REAL BODY OF PREVIOUS CANDLE ON LOEWR DIRECTION OF REAL BODY+SHADOW OF PREVIOUS CANDLE ON UPPER
DIRECTION.
NOTE: DO NOT ENTER
NOTE: DO NOT ENTER IN TO CALL TRADE IF PRICE IS BELOW ½
OF REAL BODY+SHADOW OR BREAKING THROUGH LL OF
PREVIOUS CANDLE.

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