Thread by @EmperorBTC

Price Action Range Break-out.

A Thread.💯

Price Action Range Break-Out.

Premise.

1. Range should should be established.
2. Range High Low Defined.
3. The Break-out has to Happen with a Build up.
4. EMA to be used is 20/21 EMA SMA
(Try all, see what suits best)
5. Avoid no Build up candles.

Explanation.

To be used on Lower time frames, 1-15 Minute to play a range break-out.

The range should be established and the price should build up above the MAs mentioned above.

If there is no build up, avoid it.

Avoid sudden break-out candles as there is no build-up or range break-pressure.

A one candle non-buildup break can happen but a re-test is likely.

You might miss the entry by avoiding it but it's with all methods, the trade-off.

Again, fake-outs can be avoided if no build-up candles are avoided.

You are looking to enter when price slowly rides on top of the EMA and builds up.

The entry as shown above is to be taken at the build up break-out or the Re-test on the Break-out level.

Conclusion

1. Establish Range
2. Wait for a build up
3. Avoid one candle break-out

This is an idea that I regularly use on the Lower Time frames. It can only be understood better when you practice it live over and over again.

All the best

More Tools at t.me/EmperorbtcTA/4…