M5 Operational Retraction Strategy Guide
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ScribdTranslationsM5 Operational Retraction Strategy Guide
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ScribdTranslationsOPERATIONAL RETRACTION OF M5
MARKINGS:
1. Obtain a pair of coins that isn't too biased, but a pair where the
candles are making tops and bottoms.
2. Set the chart to 15 minutes and see if the candles are leaving in that pair.
a lot of wicks (it must have a lot of wicks necessarily, otherwise,
procure another pair.)
3. Change to H1 and make the support and resistance markings on the last three candles.
from 1 hour always taking from the wicks (when there is no wick, you can take from
body).
4. Change to H4 and mark the wicks of the penultimate candle.
5. Rotate the graph to M5
6. Observe the chart, see if there has been a trend reversal and if necessary, draw it.
your Fibonacci.
7. If necessary, draw trend lines.
INPUT TRIGGERS:
1. Dê o zoom máximo na plataforma e observe os quadrantes (cada quadrante contém 3
5-minute candles that are equal to a 15-minute candle.
2. Enter the support or resistance zones only when the third candle of the
quadrant to touch the markings.
3. When any candle from the quadrant breaks, operate a pullback on any candle from the
quadrant as long as it is within the pullback safety rules. (Questions,
watch the pullback lesson again
4. Enter at the Fibo levels of 38.2, 50, and 61.8, always on the 1st touch per region, only
for the third candle of the quadrant, also being able to catch the 1st touch of the pullback
caso aquela região seja rompida (em caso de pullback por ser qualquer vela do
quadrant)
SAFETY RULES:
All operations MUST be for the retraction of the same M5 candle.
(remember to change the expiration time to the end of that same candle)
Just take the SR retracement on the 3rd candle of the quadrant if none has occurred.
touch previously in that region by the 1st or 2nd candle, otherwise, do not enter
operation and wait for a new opportunity.
3. Only enter the operation if the candle touches the regions with up to 2:30 of life, and never
enter after this time, as there is a great chance of breaking.
Do not enter if the candle is born too close to the entry region.
5. Do not operate a reversal candle (it was bearish and then turned bullish, and vice versa)
6. Avoid operating against the trend
7. In case of a pullback, only enter if the candle that broke was a strong candle.
(large body and with little or no wick) and that has broken more than 60% of the zone.
8. Remember to redo the markings every hour.
9. Prioritize entries with confluences