That's the concept. We need 3 touches on a descending trendline. And in between those touches.....
we
need an intersection of the head....just as portrayed on this sheet. The 3 touches become the
shoulders....each of them.
So you can buy with the support
Before i do so...im going to send a setup on step index. Anytime it can be ripe and it will pay bigtime.
Step index H1. Waiting for the trend to close above that white horizontal resistance. If a candle closes
above....we take a buy.
It's an Unmatched inverted head and shoulders pattern. (Trendline Obedience pattern)
And i have drawn these patterns on Paper so that you get the concept.
Those who will buy with the support will be already in on this trade. On The 3rd touch there is, however,
a Flag pattern. So im waiting for the Flag breakout to buy.
The position of the intersection can either be between point 1 and 2...or be in-between point 2 and 3
just like on this sheet
The intersection (the cutting through of the trend(price) in between the trendline is what makes it sooo
POWERFUL....
Whether its trendline obedience...because of that intersection...the obedience becomes more powerful
and more likely accurate. If it is trendline violation...the breakout becomes so so POWERFUL simply
because of that intersection
Take note of all these patterns im sending. These are the ONLY patterns im trading i know a lot of
things but i have the Discipline to stick to them which is what keeps me consistent. Simple. Don't try to
trade everything you know
An example of the pattern. Intersection between 1 and 2.....3rd touch...plus a flag like channel for which
a buy breakout i took....
Next Pattern
It's very powerful.....
But not as powerful as the previous one . Same concept though
But this becomes more powerful because of the trendline intersection in between the points
Real chart example💯 of the trade which i took. Also sent the signal and setup before i took it.
This was the bullish 3 drive combined with a Flag pattern.....i call it the Siya Flag......one whose channel
cuts the pole distance..or the pole support(marked by the red horizontal line) The flag pole emanating
from point 2. The flag channel is visible you can see it. Then i took a buy after the breakout of the Flag.
#The Siya flag.....learnt it from siya @SIYA● [Link] 🔥
As you can see...the Flag material cuts the support of the Flag pole. The pole will be shorter
A perfect example
Another real chart example
On this one....someone asked a good question. You might also be having the same question
[22/01, 09:08] Fx: Using the bullish 3 drive why didn't you take the trade when it reached that 3rd point
[22/01, 09:14] Captain RaY⏰: Because i saw it late
[22/01, 09:15] Captain RaY⏰: I would have taken the 3rd touch as sniper
[22/01, 09:15] Fx: Ok ok wanted clarity there cause thought maybe we have to wait for the break out
only
[22/01, 09:16] Captain RaY⏰: And then i would have "added" entries on the flag breakout. Which is
known as scaling in
[22/01, 09:16] Captain RaY⏰: Good question bro
Next. Bullish flag contiuation pattern
3 perfect examples
Then we have Bullish Reversal Flag
Master this. We have Continuation and Reversal
When buying Flags i prefer that the Flag structure be descending just as in the sheets i have sent on both
the continuation and reversal
The only difference is in the direction of the trend.
On this....the trend makes a decline...then creates a flag structure then reverses.
On this...the flag makes a rally or strong upward movement.....takes a rest....by pulling back then
continues with the upward move
Why do i prefer a descending Flag structure for a buy?
If it the structure is ascending....doesn't a buy work? It does. But not as powerful as of a descending
structure. A descending structure creates more buying pressure....why? Because the trend cannot hold
steep trendlines...so when the structure is facing down...we are having descending trendlines....more
like its tilted downwards in other words
To simplify it......Take for instance a tree branch. Hanging in a horizontal manner just as on this beautiful
tree.
Same concept applies! On a flag
Same here tooo....the flag is the branch that has been pulled down.....hence tilting to the downward side
as you can see.....
"when we leave ths flag it springs back up...."
"When the trend breaks the resistance of that flag channel the trend springs up"
Now you get it huh😎?
Next. Bearish continuation Flag
The branch has been pulled up...so automatically when you leave it...it comes back down
To its horizontal position
The TP becomes the original position from which we pulled the branch
So when the trend breaks the support...it has to hit the That TP level
That's an example. Sorry had forgotten to send in this bullish reversal flag.
Been up all night....quite exhausted so i pray YOU ARE TAKING NOTE of this information and shots i am
sending. And you HAVE to practice these patterns. I did all the work to draw these patterns separately as
well as gathering the real chart examples of the patterns
It is the practice that gives you the confidence and experience
@Ngonie_Nj...✌️came up with this one🔥
Real Live chart example!!!! Two bearish continuation Flags!! I missed the first so i took the second...the
smaller one....100% forecast accuracy. Simple as that.
In trading we apply the K.I.S.S method
Keep IT Simple Stupid
Pure price action..just the patterns
On this very bearish Flag setup....i sent a signal tooo.....made 500+usd just with this one flag!...in less
than 3 hours!
Using so many strategies nakes it DIFFICULT for you to find all the erros you make in them...and it will
take you years to be consistent. Master one thing. I mastered trendlines. I trade those. I have come up
with 30+ strategies...which can even make u money. But i stick to one strategy.
The trendline strategy
And i don't just connect trendlines anywhere and trade basic trendline breakouts no
I trade patterns.
The patterns i am giving you
After i became a mentor...i was still never consistent until i decided to stick to one thing.
And in forex....losses do occur yes but there should be a reason behind every loss. You don't just lose
simply because the market is risky bla bla bla
Find the reason for every loss. Learn from it then continue to trade.
Next. Bearish Flag Reversal....
You guys should make money. This is spoon feeding. Some mentors will charge you to learn each of
these patterns and they will give them each a funny name to make it appear like a complete different
strategy
Worse the unmatched which i have neved found in any book or on google
It costed me so much money....lost money in trading...but i in the process i got to learn these things.
I'm glad some of you are already spotting good examples from the patterns I'm coaching....these are the
students i love.....they learn and immediately apply! This is brilliant 💯
Exactly as it is on my sheet🔥
Maybe some books have these things.....but mina i haven't come across this pattern being taught that
you should trade it the way im coaching you.....i have over 400 books on trading but i just havent
bumped into these things
I always give perfect Real chart examples....and of trades that i have forecasted to show you that i have
tried and used these patterns and they work.
Guys look for smaller clearer structures when trading or looking for thede patterns....big structures will
come so many counter resistances and will be likely to affect you
Avoid complex structures
Structures with too much consolidations noo
Find assets which are CLEARLY trending....making good clear waves or zig zags....NEAT ATTRACTIVE
SETUPS
And play around with H1 mostly for your setups
Do multiple timeframe analysis yes on all timeframes...u check them all but find your patterns on H1
mostly... least on M30.....
That's what i do.....
And if i am buying i fancy seeing my setup from the bottom of my chart screen or at least mid section of
the screen
For selling....i find my setup at the chart top......or mid chart
Next. WF retirement pattern. Combination of a Double bottom (W formation) and a Flag...just as you can
see...whereby the second leg of the W is a flag.....
This pattern analysed by @+27 was a WF......and also it was an unmatched......still yet to show u the
#unmatched
This was a WF retirement also....
And it hit the T1 and TP2 according to my sheet!
That's the opposite of the WF pattern. The MF retirement pattern.
Where the right leg of the Double Top (M pattern) is a bearish flag
The one at the top is the MF example.....it makes a steep upward move....creates an M then a bearish
(selling) flag....then it drops. And i forecasted that WF pattern before it moved basing on what i had seen
on the MF which is at the top...
This was the result.....the WF forecast was prophetic as usual
I also love trading channels like these.....
When you can come up with channels inside the bigger channel....and it's more powerful when u get a
tight flag formation soon after the break of the channel....
Then we have the Unmatched
Unmatched Head n shoulders for breakouts
Real chart example
With horizontal shoulder trendline
Good example as well......from @+27
Just as simple as this.
You just need to find to lower points to connect with a trendline.....lower than their middle point. Or
simple say two points connected that have got an intersection inbetween them....which becomes the
head. And the points become the shoulders
The trendline should be descending tooo....if we wanna have a bullish unmatched pattern. Same tree
concept as i explained on Flags applies on The unmatched....that the trendline has to be descending
It builds more buying pressure
The head is always our TP
This is an example of how i deal with the channels.....and inside channels....and Flag patterns also
spotted inside this channel....
Perfect real chart example
Perfect example again on this one....
Another example💯
This was for buying
For selling....
Example💯
For selling
One with a horizontal shoulder trendline. So powerful.
So the TP (head level) always has to be hit
What can stop this from happening is known as counter resistance
All patterns that are well known and new do work....but if there is a counter resistance trendline....they
can be violated nicely
So ALWAYS keep your eyes open for those
That's an example of the buying unmatched. Short lived.....small profits then kaboom it goes opposite
direction coz it hit the counter
So there are people who think they are faked out by a pattern they learnt yet they just traded against a
counter trendline. I used to be a victim of those
Always keep your eyes open.
Also as you can see... for the selling unmatched the trendline has to he ascending to create more selling
pressure
Not only the trendline but the structure as well of the right shoulder
It has to be Ascending
Or it should be an M formation
For the bullish unmatched pattern......both the trendline and structure have to be descending
That is to create lower lows and lower highs
Thus building pressure to go bullish
Or the structure has to at least create a W formation
I think im done now.