Hey hey, what's up my friend! So have a look at this chart over here and let me ask you, do you think the price will reverse higher from support or will the price break down I'll give you five seconds to think about this 205 Okay, let's have a look at another example. What about this one? So notice how the price comes into support. Do you think it's going to reverse up higher Or will the market or the price break down lower? Let me give you 10 seconds. Okay So to know whether the price is likely to break out of support or will it reverse from support right, you must first understand the two types of move right? The two types of moves Right when the price approach support of resistance.

Okay, the first move that I want you to learn is what I call a power move. So a power move into support is where you notice a series of you know big bearish rate candles coming into support. So let me give you a quick illustration. So let's say Market is in a Range It goes up, comes down, goes up, comes down, goes up, and then it starts coming down right? This is a big red candle, right? Let's you know, bold This This is another big red candle right coming into this area of support.

So this is what we call a power move. I'll share with you a chart example later on so you can understand it better. But in the meantime, right, a power move into resistance is just the inverses where you see a series of big green candles approaching resistance. So why is the power move significant? Okay, so we'll get to that right? But first, this is how it looks like.

So this is what I call a power move. Notice the big red candles approaching this area of support. So why is this significant right? For a few reasons. Number one: Imagine that someone who is, uh, short, right at this candle or at this area of resistance? The market in a few moments quickly went in their favor.

So they're already sitting in profits. Maybe a thousand dollars? Two Thousand dollars. So what happens is that this group of Traders are they will fear, fear of giving giving back their profits, right? Have you ever remember you know you hold on to a trade so long You watch your profits from a thousand dollars you know trickle down to 800 to 700. You continue holding until you hit your stop loss, right? You've got nothing out of it.

So there's this fear of giving back their profit. So traders who are short, right? They have this fear of giving back their profit. So this is why they will look to take profits and that right would help induce buying pressure. So when you are short and you exit the position, it's actually a buy order.

A buy order would create buying pressure to push the price up higher. The second reason why, right, uh, a Power Move into Support is significant is because it's coming into this obvious area of support right? And Traders Who you know use technical analysis. Oh, the prices at Support right now. let's buy.

Guess what? That induces buying pressure as well. And the third point is very important. Pay attention. It's this whenever you see a strong power move coming into an area of value like you know, support resistance.

Etc The reversal can be just as Swift right towards the upside. Why is that? It's because pay attention. It's because there is no obstacle in the way. Or rather, the obstacle right is quite far away.

Okay, so if you think about this, let's say someone were to buy at this area of support. Okay, let's say he buy here and ask yourself right if you understand Market structure, price, structure. where is the next area of resistance? It's actually somewhere here, so you can see that from here all the way up to here. This is your potential profit.

So you can see that your next obstacle is actually actually quite far away. so there's no like obstacle in the way. you know having to induce selling pressure to push the price down lower. So because obstacle is pretty far away over here.

So this is why when you see a power move into support, right? Uh, there are times right where the reversal could be just as Swift right towards the upside. So here's another example of a power move into resistance. So again, the concept is the same. The only difference is that you know now it's just a power move into resistance.

You're seeing a C, a series of green candles into resistance. Now one thing to be clear is that I don't just trade every Power move coming to support and resistance because they're not. You know not all of them will reverse. So later on I'll share with you how to actually trade power move.

In fact, I'll teach you a relatively simple but powerful support and resistance trading strategy so you can profit in blue and bad markets. Okay, moving on. I Want to share with you the second type of move? The crawler move right. So what is this? So when you see a crawler move into support is where you get a series of lower highs into support.

It looks something like this. So let's say this is an area of support. Market goes up, comes down, goes up, comes down, goes up, comes down, goes up, comes down and each each one. Rarely, you notice that it gets weaker and weaker regard because the the upside right gets shorter and shorter.

and if you look from left to right, notice a series of lower highs, lower highs, lower highs. So this is what we mean by lower highs Into support a crawler, move into support. Likewise, if you see a crawler move into resistance, you can expect a series of higher lows into resistance. So let me give you an example.

So this is what I call a a crawler Move into support, right? Notice this over here. How the market right made a series of lower highs lower highs into this area of support. So usually when I see a crawler move into support, right? This to me is a sign of weakness. Okay, or rather, this tells me that selling pressure is stepping in.

Why is that? And how do I know that? Because you can see right that the sellers. they are willing to sell at this and lower prices. So imagine if you are a seller and you're selling close to resistance, it doesn't quite make sense, right? unless you think okay. so if support does break then yeah, looking back, yeah, this is a pretty good price to short that.

But if you don't think so support will break, then you know it doesn't quite make sense to shot so near support. So clearly the sellers are confident right? They're willing to sell at this lower prices because they expect support to break. So when you notice a series of lower highs into support, more often than not, it usually lead to a breakdown. And that's not all because naive Traders Or new.

Traders Whenever they see oh man, Raina look, the price is coming to support. Guess what they'll buy And where would they put their stop loss, They put their stop loss just below the lows of support below the loaves of support, right? So if enough new Traders do that and enough stop loss, right, it's below this area of support. right? This again right. Add fuel to the fire.

Because if you think about this someone who is long, their stop loss right is in essence a short order right to get out of their losing trade. So if the price goes down and hit their stop loss which is a short on the debt, feels even more selling pressure right, causing the price to hit down lower. So for this few reasons which I shared with you right, this crawler move right. A series of lower highs into support right is usually a sign of weakness or rather, uh, sign that you know that sellers are about to drive the price lower.

On the other hand, right If you see a series of higher lows into resistance, so you can see over here a series of you know, higher low, higher low high low high Yeah, low I had to do that right. A series of higher low into resistance is a sign of strength. Okay, so why is that Again, the inverse is true Because you can see that the buyers they're willing initially they bought over here. They push the price up higher Market makes a pullback.

They buy this lows, it goes up higher, pull back by this lows then it goes up higher. Make another pullback by this low so you can see that each subsequent lower is higher than the one before. So if you think about this right, who in the right frame of mind wants to buy just in front of resistance? Unless you are fairly considered that hey, you know resistance will break. They know the price is likely to break out higher.

So this tells you that you know buying pressure is stepping in, right? I Think they believe that they are relatively confident. Hey, the market is about to break out higher. So that's why they're willing to buy at this higher prices. And more often than not, right when you see a series of higher lows coming into resistance, the market is likely to break out.

Now let's do a super quick recap: Number One: The market could reverse after a power move into support or resistance, right? as I've explained why earlier. However, we don't trade every Power move or trade the reversal right. Just because a power move come into support, there's a one or two other things that I still look out for and I'll explain to you what it is right before I trade a power move and likewise, right, Uh, or not Moving on right. The market could also break up after a crawler move into support or resistance.

In other words, a series of fire lows into resistance or a series of lower highs into support. Now moving on. I Want to share with you? Uh, Using these two concepts you've learned, right? I Want to share with you a couple of trading strategies that I use right to profit in Bull and Bear market. So let's get to it now.

let's have a look at another example, shall we? So again, the May formula I'll just do a quick recap here in case you know some of you have short-term memory like me. M A E What is the market structure that you're seeing on this chart over here? This is the New Zealand Canadian the four hour time frame. What is the market structure downtrend? right? Great right? Market is in a downtrend, so you know that the market is in a downtrend. Where will you look right to trade from? Where is the area of value that you want to pay attention to? In this case, a real value is at resistance.

Fantastic, right? So let's cover this first two. So in the market is in the downtrend area, a value I'll probably highlight this one over here. Okay, there's probably the key one they'll pay attention to. And let me just change this to Black right? so we don't get confused later on with our entries and exit.

Okay, and again, for those of you who prefer to have it drawn as a rectangle, you can. You probably look something like this right as an area on your chart, right? That's perfectly fine. So all that's left to do. or rather the next thing to do is to wait for the market to come towards your area of value or in this case resistance so you can see the market hit up into resistance.

Okay, breaks into resistance at this point and this candle over here we have a valid entry trigger. This is what we actually call a bearish engulfing pattern. This, the story behind it is similar to a shooting star pattern right where the the bias were initially in control and then they quickly write code uh, disrupted and the market got pushed down lower by the seller closing below resistance. Also actually you can see it's actually actually a false break as well.

The market actually took out this highs and quickly reverse back in to below resistance. This looks like number one. But anyway. yeah, so this is a valid entry trigger to go long, telling you that the sellers are in control.

So what you can do is again to enter on the next candle open. So again, uh, the next candle open at this price point, let's put this as green right to 6 near to signify that is our entry point. Okay, I know this is quite a few black lines over here. I'm going to remove some of them so you can see better.

Okay, now what about our stop loss? So in this case again, you can pull out the ATR indicator the average true range indicator. I'll just do this one more time. So what we are trying to do over here is to set our stop loss a distance away from the resistance because we want to get stopped up prematurely. So what you'll do is again, find out what is the high over here and add on right by this number of Uh ATR value in this case is about 45 Pips.

So let's do a quick calculation the high of this candle. Currently it shows that it's about uh, let's see Seven, Eight, Eight Five. Okay, so 7885 you plus 45 Pips right? That gives you 7930. So your stop loss will be placed at 0.7930 So I'll change this to rate Okay and 0.7930 Got it? Okay, so that is your stop loss level.

All right. This over here is your stop loss. So basically how you interpret that stop loss level is that from this high one ATR Okay, get on one. ATR is equals to this level that you're seeing on the chart over here.

Next thing right, where is your target? So if you look at Target right, there are two levels that showing up over here. One is this recent swing low and this one is more of an extreme. Further away, right the swing low. So in this case usually I like to have a first a conservative Target over here.

So in this case you can actually have your trade right all exit. At this swing low, there's a perfectly, you know, valid uh thought process. Okay, but at the same time right. Let me just remove the indicator.

At the same time, some of you might be thinking, but right now, if you look at this market right, if you look back, this Market is actually in the downtrend right now and the price tends to break below this low break below this low break below this low. Because you look at this, the price over here, it breaks below this low and then it makes a pullback. So won't we, like you know, be giving up some potential profits because we can still look to capture this additional bit of the move right as the market breaks down lower, lower right. So that's a fair thought, right? So actually what you can do in this case is actually to have two Targets One is a more conservative Target and one is a further Target.

So let me share with you how to do this. So in this case, your first Target can be over here. Okay, this is your first. Target Let me just change this to Blue.

Let's call this target one right. Tp1 Okay, and you can have a second further. Target Right as you know the market is in a downtrend, it could break below the lows and go a little bit further. So in this case, this is the extreme low over here.

For all you know this, Market could possibly you know, break below this extreme low right and then make a pullback. So you want to kind of like take your somewhere about here right where you can get the most bang of for your buck. Well how do you do this All right? So how can you do this Objectively So what you can do is you can use a tool right called a Fibonacci extension right and look to uh, exit right at a just before the 127 extension. So I'll just get out, show you what I mean look at Trend based flip extension.

Click on this. you draw it from the swing High to the swing low and back up high again swing this is the swing High down to this extreme low and then up higher again. Okay, so once you do that, you can see that over here. I can see over here other over here.

I'll just manipulate this chart a little bit. Okay, you can see over here I Want you to pay attention to this level over here. This is what we call the 127 extension and over here is an objective way where you can look to set your second target. So I'll just draw a second blue line over here just before the 127 extension.

maybe somewhere about here. Okay, so let's see what happens next right? So in this case right, uh, I'll just remove the feedback extension since it looks a bit messy. but at least you know you know how. This second blue line come about.

We actually use the Fibonacci extension to kind of like project right where the price could go right so we can just take advantage of that extra little Pips right as the market breaks down lower. So what I mean by this is that example this is a swing low Market Break this Swing Low by quite a little bit before it makes a pullback. So the question is where exactly right do you take profits right as the market breaks down lower. So this Fibonacci extension gives you that a little bit of objectivity to it.

Okay, so I'm just going to remove this extension first and see what happens. So in this case, the market, you can see that it pretty much went lower over here and hit our first Target relatively quickly. Market Continue down lower over here almost reaching our Target here and didn't quite and now it's making a pullback and as you can see, this is how the market is right now. So at this point in time, right? So what you can do is actually you know your stops really in place, your first Target is really taken, and your stop loss is already at a logical level.

It's still over here. So what you can do is again, leave your stop loss as it is right and let the market either you know, hit your this second target or hit your stop loss right? because there's really no point you know, trying to shift your stop loss right to break even because again, there's a good chance you could get your stop loss hit at break. Even so, what many Traders like to do in this case is that they set their stop loss to. let's say Break Even They bring their stop loss down to their entry point.

but to me that's not really very logical because there is no like kind of like barrier right? because this is an area of resistance. if the market comes up higher and it hits down lower. you can see that in this case you will get stopped up on your trade right on the second half of the position and the market eventually hits your Target and you're not in it because you know you got. you're given to your fear.

So usually what I do is that you know my stop loss is really at a logical level. I'll leave it as it is. my target is uh at this point over here I know I almost got filled on the trade but I didn't quite so. I'm just gonna leave my plan as it is either it's going to hit my stop loss or hit my target I Already taken partial profits on this first Target over here.

so even if the second position hit my stop loss, hey, guess what, this overall trade will not really be a loser. It probably could be more of a break, even trade, or a very, very tiny loss. So at least that's my top process to how I would you know go about handling this trade? Alrighty, let's have a look at another example. In fact, I'll give you five seconds.

Look at this chart and analyze right. Where is the potential trading opportunity? I'll give you five seconds. Three, Four five. Okay, let's get started right.

So this is actually a weekly time frame dollar against the Indian rupee on the weekly timeframe. So I don't usually trade the weekly timeframe, but you can see that the strategies I'm sharing with you right can be traded across different time frames. So this one over here, right? Notice this is the area of resistance and what do you? What Price action do you see as the price Approach resistance. If you say a crawler move into resistance, you're right.

All right. So you can see a series of higher lows, higher lows coming into this area of resistance. So if you ask me right, there's a good chance this Market could break out higher. So now, where exactly do we enter? Where do we set our stop loss? How do we exit the right this trade if it moves in our favor? Fantastic question.

So let's get to it. So one potential a trading setup that you can consider is to have the market right, break, and close above resistance. So let's say uh, let's say I just have this line over here right horizontal line. Let's put it here in Black Let's say if the market area of resistance and it breaks and close above it, that will be a valid entry trigger to go long right? so you can enter on the next candle open.

Let's say somewhere here is for entry. Now what about your stop loss? So where at this point right? would this breakout trade be so-called a failed breakout right? There are a couple of ways you can set your stop loss, but if you want to be a little bit more aggressive, you want to get a tighter risk to reward a rather a more favorable risk to reward on your trade, you can set your stop loss right somewhere about here. Okay, around the 82 price point because if you think about this, if the market reaches your entry price over here it breaks out and the next few candles it goes back into this uh so-called range. You know that the breakout is filled right.

If not, you know it wouldn't have you know come back into this range. Or you know into back into this ascending triangle pattern if you want to call it right. So you can set your stop loss somewhere about here. Now what about your exits? Where do you take profits if the market moves in your favor? Great question Right? And because if you look at this Market structure of this currency pair, you look left.

It's quite insane. It's actually in a multi decade right? Long-term uptrend. I'm just going to zoom out. you can see since the 1980s right the dollar against the Indian rupees and bring them few very long-term uptrend.

So of course I don't expect you to write such a long-term uptrend Because by the time you'll be a grandpa already. So what you can do instead is just to write a short-term uptrend. and one way to go about it is to actually use the 20 period moving average so you can see this red line over here. So what happens is if the market let's say it breaks out the higher.

okay you go long names goes up higher in your favor then this red line right will naturally the 20 period moving average. The 20-week moving average will naturally move up along with it and if it closes below it. okay let's say closes below the 20 week moving average. then you exit the trade.

So I'll just take you back A few examples you can see right. It has happened a few times over the last few years, right? So you see for example just illustration purposes. Yeah, Okay so if you look at this this let's say we had a breakout over here. Okay let's say your stop loss is you know within below resistance.

Let's say somewhere here okay and notice. Uh let's say this is the exit that you have right? Notice the market at this candle pretty much break and close below the Uh 20-week moving average. So this is where you exit over here. So in other words, in this particular example, okay, cherry pick example dirt.

As you can see, your entry is here E right and your TP is kind of like over here, right? You'll take profit is over here. So you actually did write this kind of like short wave up higher. What if right? What if right is a bonus section right? What if the market doesn't break out in fact it's not consolidate and comes down lower. Well actually, if you've been paying attention earlier, there's another potential trading opportunity.

right? Let me highlight it to you. So let's say okay, Uh, you know that this is an area of support. So if the market comes, let's say a power move right? Just learn the power move Boom Right comes into this area of support. Guess what? Are you looking too long or short? Market Give you three seconds, one two three answer is you should look for buying opportunities because you can look for a reversal right up higher and thereby allowing you to capture that one swing up higher into resistance and again with proper uh trade management, it's possible right to exit a portion of your trade at this highs and then to let the remaining half right even higher.

So I Don't get into this. Uh Starfire because it's outside of this scope of this video. but what you can look for right for a potential trading opportunity in this case is again very simple: I'll just walk you through quickly. Let's say the market comes into this uh, area of support.

It can look for something as simple like a hammer Candlestick Pattern a bullish reversal Candlestick Pattern you go along on the next candle open, stops the distance below the lows possible. Target Just before resistance, right? You know to capture that first. Target Yeah, Okay, if you have enjoyed this training so far then you will love, right? This book called Price Action Trading Secrets It's a 142 color pages right trading book where you'll discover Price Action Trading strategies right and you know to help you become a consistently profitable. Trader So you learn things like you know how to draw support and resistance, identifying you know key reversal Candlestick Patterns risk management, position sizing, breakout trading strategies You know pullback trading strategies and much more so.

I'll put the link somewhere below this video so you can grab a copy for 1990, right? We will ship this book to almost anywhere in the world and 1990 includes your shipping fee as well, so that's it. That's it, right? So I'll put the link somewhere below this video, grab a copy if you are interested, and I will.