Morning Star Module 6

Watch Morning Star Module 6 - Izy Trades on Dailymotion

Transcript

00:00Next up will be your morning star. This is a place where price would also

00:07encounter a possible reversal retracement or

00:11Pullback what we have to identify is one. It must be in a one-hour time frame number two

00:18You must be a strong bearish candle number three

00:23You must see a doji that closes bullish number four

00:27You have to identify a bullish candle that closes its body

00:32Closes above the doji candle once that happens

00:35You can straightaway enter your buy monitor if there any other

00:39Confluences around to add on to that confidence to your buy hit that buy button and let the trade run

00:46Let's take a look into the charts

00:48Nice and easy, easy trades. Let's go

00:53S30 415 setup done followed by your H4 trend line done

00:59We can see that the market is reacting on your H1 zone and also your H4 sub zone

01:07We need to wait for that pattern to happen

01:11Once it happens take action towards it. Now, we can already identify that morning star over there

01:17A bullish candle a doji followed by a bullish candle closes above it enter that buy button

01:24Where you want to TP? TP1 can be on your H1

01:27TP2 can be on your H4. Stop loss that candle that

01:32Particular doji candle take the lowest or the previous low and then let the trade run

01:37You can see TP1 is already hit now

01:39We just have to wait for TP2. The trade will take its course. Be patient at this point

01:45When you maybe FOMO out, you can close your trade if you want. For me, I trust my setup and let it run

01:50And there we go TP2 is done. Nice and easy

01:54Easy trades. Let's go