Transcript for:
Market Structure Trading Strategy

if they came out with a new rule that said I could only trade one trading strategy for the rest of my trading career then the market structure trading strategy you're going to learn in this video would be the one I would choose Market structure can be one of the most powerful tools you have in your trading Arsenal but if you use it incorrectly if you don't know how to identify swing lows and swing highs correctly or you don't know how to identify the most accurate levels of structure to trade around or you just simply don't know how to create profitable trading opportunities around Market structure then they're going to be completely useless and could even cause detrimental losses into your account so for that reason in this video I'm going to be sharing with you my top three Market structure trading strategies we'll go all the way from the basics of identifying swing highs and swing lows correctly to identifying the proper levels to trade around and to creating profitable trading opportunities around those levels so if this is something you've been struggling with then this video is for you and if that sounds interesting go a and click that like button for me go ahead and subscribe to the channel if you're new and I'll see you right after the intro and [Music] disclaimer welcome back let's go ahead and get started the first thing you're going to need to know how to do is properly identify major swing eyes and major swing lows this is a pivotal part of you being able to spot major levels of structure correctly so let's go ahead and dive into that right now looking on the chart you can see the most simplistic version of major major swing lows and major swing highs in an uptrend we have major swing highs and then the major swing low this major swing low is the bottom of the pullback from the major swing High then the highest point after the break of the previous major swing high is our next major swing high so this is the level before the pullback starts then once the pullback starts the bottom of that pullback is going to be our major swing low then if we break above our previous major swing high at the point that the pullback starts is our next major swing high at the point that it ends or the bottom of the pullback is our next major swing low the opposite is true for a downtrend here we have a reversal going from a major swing High breaking below our previous major swing low which identifies a reversal situation in the market then we have a new major swing low and the top of the pullback before the continuation down is our major swing High the bottom of our impulsive move before the pullback starts is our major swing low and the top of that pullback would be our major swing High that's the most simplistic way to explain major swing highs and major swing lows but this isn't what they look like on a chart if we compare this picture and we scroll down to actual price data the chart here looks nearly nothing like this and the reason is because there's not always going to be all green candles in your impulsive move up and there's not always going to be all red candles in your pullback and that's what this diagram kind of depicts so in order to keep from being confused when we go down to real price we need to create some really set in stone rules around major swing highs and lows let's do that right now so let's talk about the problems with diagram number one first off we're going to talk about pullbacks pullbacks rarely ever are just all red candles followed by an impulsive move that breaks the previous major structure High what do pullbacks actually look like most of the time well most of the time they have smaller Trends inside of them they may have multiple minor swing lows and highs before they go and break above the previous major structure high so here's what it's important to realize in our first rule we're going to discuss is about these pullbacks when we have an uptrend started we have the initial move to our major swing High followed by the pullback to our major swing low followed by an impulsive move up to our next major swing High the important thing to realize is that between our major swing low down here and our major swing high right here everything that happens during this pullback as long as price does not close below our major swing low is just the pullback of this uptrend everything that happens in between we can have consolidation for days on days on days as long as we don't close below that level our previous major swing low then we're still just in an uptrend and all of this is just part part of the pullback of that uptrend so that's rule number one to keep in mind and the second problem with the previous diagram is that it assumes every impulsive move that goes higher is just a straight line when in reality after this break often times what do we see we see small pullbacks one candle maybe two candles pulling back these for me would not qualify as major swing lows so a rule I created in order to identify swing lows and highs correctly is that in order to have a major swing low from our major swing High wherever that is created I need at least a three candle pullback from that level meaning if we're an uptrend and this is one candle pullback and this is two candle pullback then I don't count anything as a major structure High yet and I wait until I get at least a three candle pullback before identifying this as our new major structure high and then once this level is broken since this was in fact a three candle pullback now I have a new major structure low so what our first rule does is ensures that we're not marking off false major swing highs and lows during pullbacks when there's just minor swing highs and lows and the second rule ensures that during our impulsive move if we have these tiny little pullbacks we're not going to pay attention to those we're going to wait for the major pullback and the major pullback is identified by at least three red candles in the pullback during an uptrend and they do not need to be consecutive it can be green candle it could be red candle green candle two more red candles it doesn't have to be all three in a row but we just need to see at least three red candles in this pullback to identify this as our major structure high and this as our major structure low now let's take a look at a bearish version of this in our bearish version we have a major structure High pulling down to a major structure low a lower high here with our major structure High and a push below this major structure low putting us into a downtrend now if we have a tiny pullback of one candle right here is this now our major structure low and this our new major structure High hopefully you answered no remember during our impulsive move in this bearish trend we need to see at least a three candle pullback let's say this is a three candle pullback and at this point when we have that three candle pullback is when we can identify this level as our new major structure low now after this three candle pullback there could be as many candles as the market desires but it needs to be at least three green candles in a bearish trend after that we have to wait for now the close below this previous major structure level to identify this as our new major structure high now let me ask you this if during this pullback we have a situation like this have we now started a new uptrend the answer would be no remember everything between our major structure load that was created by the fact that we had a three candle pullback to the bullish Direction and our previous major structure High which was the start of our impulsive move pushing lower during this impulsive move we cannot look at one or two candle pullbacks as major swing levels so during this impulsive move from this major swing High to this major swing low all that's in between this is going to be the pullback of a downtrend no matter how much consolidation happens all of this is just the pullback in the midst of a current downtrend so now that you know how to identify swing highs and swing lows correctly understanding these strategies is going to be extremely simple that's what we're going to jump into right now and do not worry if you're still a little bit confused about identifying these swing highs and lows we're going to go through a lot of examples of these as I dissect and teach you these three trading strategies now these three trading strategies are going to be ranked kind of like the Olympics we're going to have a gold level strategy a silver level strategy and a bronze level strategy let's get started with the gold level strategy this is a strategy that I've seen to be the most accurate Market structure-based strategy I've ever traded and I call it the trend reversal structure strategy or trss for sure short in the most simplistic version of this strategy this is what we're going to be looking for we'll be looking for a market that is in a downtrend this is a bullish version of this by the way we'll be looking for a market in a downtrend we'll then be looking for the break of the previous major structure high and that will be our Trend reversal level when price comes down to that major structure High we're going to be looking for possible buy trades in that area and the reason this tends to work so well is one that it's very accurate and two it gives us the opportunity to jump on the start of a new uptrend which obviously means we can get a really good reward to risk ratio if we catch these correctly but identifying swing lows and eyes correctly is the first step so let's go ahead and go down to the chart and take a look at this strategy on real markets so we're going to start off by identifying swing highs and lows on the pound Swiss this is going to be our starting point from here pushing up where is our first swing High hopefully you said this level right here and what's the reason for that is because after this level we have 1 two three red candles coming down to our swing low that's the only time we can identify an actual major swing high and major swing low so for that reason this is what that will look like after that we have a break Above This creating another major swing High we then have a pull down to a possible reversal a pull back up to our major swing level and a potential trading opportunity we're going to look deeply at a trading opportunity that's further to the right I just wanted to point this out here towards the beginning but next up what do we have as we continue pointing out our levels of structure we have a break of our previous low right here and a close below it down to our new structure low after that we're going up to a new structure high in this impulsive move up where is our new structure High it would be all the way up here we have other small smaller pullbacks but none of them meet the criteria for an actual pullback based on our rules we need at least three candles pulling back to classify something as being a valid swing high or low so in this case we have a new swing High there pull back to a new swing low push up to a new swing High we then have a reversing situation as we reverse would this be a new swing low and high answer is no would this answer is also no so what this would mean is the way we would draw this structure in the way we would draw our swing highs and lows is from this swing High all the way down to this swing low at this point anything that happens between here and here is just the pullback of a downtrend and I know that's a large Zone but this is just what happens when you read structure correctly and identify swing highs and lows correctly at times you're going to have massive zones where price can go before identifying the continuation of trend or a possible reversal in this case case we have a new swing High pushing up here all this again was just the pullback of that downtrend we then push lower and right here what do you notice we have our push down to a low then we have more than three candles in this pullback this would be our next move to our major swing High down to our major swing low and this is exactly what we're looking for everything between here this major swing high and this major swing low is going to be the pullback of this downtrend but if we get a push lower we have Trend continuation if that would have happened this would be a trend continuation situation that's a weird thing to say out loud if we get a break Above This Zone then we have what we call a reversal situation during this reversal situation is when we can implement the trss strategy so the way we would do that is after price pushes above this level we then want to create a zone out of that level which would look something like this and we want to see if price eventually does in fact pull back into that level which happens as you can see right here so now we have a perfect situation for the trss strategy we had a downtrend we then have a break of that structure level this is now a pullback that's come back into this structure level and let's see what happens next next we get a bullish C Candlestick pattern now this is what I would consider an A+ setup for this strategy and the reason is because not only do we have the perfect trss strategy happening we also have the combination of this being a level that's been tested multiple times looking left and the third reason this is a A+ setup is because we're also pushing off of the 50 period EMA or exponential moving average so in all three of those things combin with my trss strategy I take this trade every single time because it is the most accurate Market structured trade I've ever found so let's go ahead and click play and as you can see this did in fact cause a complete reversal and a new bullish Trend now the next video I post is going to be going over the exact custom Candlestick pattern that I utilize in these areas and in that video I'll be going over the specific rules of this Candlestick pattern and the stops in targets for this entire strategy so if you want to be alerted when that video comes out be sure you're subscribed here to the channel I don't want to put that in this video because it's already going to be extremely long I want to make sure this video is all about the structure levels now we're going to take a look at a bearish version of this strategy we're going to start off here on the all New Zealand down here at our swing low from That Swing Low we're going to push up to the highest point before a three candle pullback so these little areas right here would be minor pullbacks we would not count those as swing lows and swing highs at least not major ones we would go up to this highest point before we have a three candle or more pullback which is right here this would now be our new major swing low this would be our major swing High down to our major swing low up to our major swing High important note anything between our new major swing high and our new major swing low is just consolidation it's just the pullback of a bullish Trend it's the pullback of the current uptrend we are in in unless we get a close Above This range which would then be Trend continuation or a close below this range which would then be a trend reversal so with this being the case do we have what we need to set up and to look for our trss strategy the answer is yes at this point we would just create a Zone here at this previous major structure level or major swing low right here the one that was just broken by price after we have our Zone in place we're going to be waiting for price to pull back to this Zone give us an entry reason and then we're going to be looking to capture the start of a downtrend from the reversal of our previous uptrend so let's push the price forward and see what happens as you can see here price has pulled back up into our Zone and in terms of Entry we're just going to pretend we're using a close below candle which is a candle that just closes below the low of the previous candle this is an entry that works well with this trading strategy in the first place so let's go ahead and assume that's what we use we'd be setting up a trade based on that entry reason so after placing our entry we would need to place a stop loss let's go with 15 Pips since we're on the 4-Hour candle above our swing high right here we have 16 Pips up to that swing High we want to add 15 Pips to that that would be 31 Pips on the stop loss and I'm going to go with a 1.4 to1 reward risk ratio just as an example on this trade let's say we sell right there let's see what happens with price price eventually does in fact push down far enough to hit those targets and this level does in fact create a new downtrend that as you can see lasted quite a while and this is the beauty of this trading strategy is the fact that we can capture the start of a downtrend which gives us the ability to capture a really good reward to risk ratio so what you just learned is what I consider the golden strategy whenever it comes to Market structure trading now what we're going to do is take a look at what I consider the silver strategy of Market structure trading this strategy applies the same concept of identifying swing highs and lows that you learned earlier in the video so it should be extremely simple for you to understand since you already know that part of the strategy this strategy instead of capturing reversals captures a trend that's already started so let's go ahead and take a look at a couple of examples and I'll explain the entire rule set to you for the silver trading strategy utilizing Market structure let's go ah and take a look at the chart now we're on the Euro New Zealand we're just going to point out the swing highs and lows at first we're starting from our swing low this broke above our previous High here we have a swing High followed by our pullback followed by a push up we need the pullback to have at least three candles so this is our actual new swing High Why would this and this not be our new swing high they both broke above our previous swing high but they only have two pullbacks in them so with that being the case I don't count these as swing highs or these as swing lows not major ones at least they are minor swing highs and lows but our major swing high is all the way up here then we have more than a three candle pullback pushing price to our new swing low pushing us back up now breaking above to a new swing High we have more than a three candle pullback here pushing us down to a new swing low and a break and close above so at this point we are in an established uptrend while in an established uptrend is when we're going to look for this trading strategy the first step here is going to be to identify the latest swing eye that was broken after we have that identified let me delete these lines to make this really clear to see we're going to create a zone out of that area so this is what that zone would look like for me now that's the first rule is that we create a zone out of the latest swing high that was broken the second rule is that this level must have been tested at least two times in the last 400 candles and the reason I used 400 candles in not a certain period of time is because this strategy can be used on any time frame and if we're looking back let's say 3 months on a 4-Hour chart that's going to be a wildly different amount of candles than it will be if we're looking back 3 months on a 5 minute chart so for that reason we're just going to be looking back around 400 candles and 400 candles is around 3 months on the 4our chart we're on right now so if we go back about 3 months or so we can see that this level did in fact get tested another time back here so this validates my second rule that the level of structure I'm utilizing for Trend continuation has in fact been tested multiple times now if these two things come together if we have a swing High that has just been broken and closed above and this level's been tested two times in the last 400 or so candles then this is now a level I want to pay attention to for Possible Trading opportunities I want to wait for a pullback into this level and any kind of specific Candlestick pattern here on the 4-Hour chart like a hammer a close above candle or a engulfing candle or I might drop down to the 1eh hour chart and look for things like double Bottoms in this area but what I've done now is identified a trend continuation Zone that is likely to push the market into Trend continuation by utilizing Market structure so let's push price forward and see what happens happens eventually we get this really nice Hammer Candlestick with a long Wick to the bottom this would be a great reason for entry for me and again we are utilizing a few things here we're utilizing the ability to point out swing highs and lows correctly so that we know we're at a major swing high with this level we're utilizing a level of structure that's been tested multiple times then we're waiting for that area to be tested again and waiting for some type of buying pressure by utilizing Candlestick patterns or chart patterns on a lower time frame to enter at a logical place to capture Trend continuation so with all this being the case and everything coming together this is where I would place my entry my stop loss will be under this swing low and for the targets for these examples we've been using about a 1.4 to1 reward to risk ratio if I click play you can see that price pushed up and hit that pretty easily now in terms of this being a trend continuation strategy If You're Expecting actual Trend continuation and this is another way that I like to utilize taking targets if I'm around my computer when this hits this 1.4 to1 I just move my stop loss to break even then I look left for the next level of resistance price will hit if this trend does continue higher and this will be my actual targets and my stop loss again will be moved to break even after that 1.4 to1 and even with those being the targets you can see that those targets were hit pretty easily as well but when we're expecting train continuation it's sometimes best to maximize the reward to risk ratio we can get out of of a trade because again what we're expecting is in fact the continuation of this uptrend and we're utilizing the power of Market structure in order to pinpoint the perfect area to jump on that Trend so that was a bullish example of the silver trading strategy utilizing Market structure our Trend continuation strategy now let's flip that upside down and take a look at a bearish version of this trading strategy if we start to Mark out our Trend we have a swing High down to a swing low up to a swing High down to a swing low up to a swing high and down to a swing low at this point based on what you learned about the bullish version of the strategy where should we be looking for Possible Trading opportunities it would be the previous swing low that the market has most recently broken and Clos below so with that being the case we would draw out a Zone in our area here of structure based on our previous swing low that was broken and in this area is where we would like to look for trading opportunities if all of our rules are met what's the other rule we have to see met this level must have been tested at least two times in the last 400 candles so if we scroll left let's see if that's the case yes it is if we look left we can see that this level has in fact been tested multiple times as support in the past so that validates the second rule we have and that means that this area is in fact an area we want to look for Possible Trading opportunities inside of for Trend continuation during this bearish trend now another thing I want to mention is you don't have to actually count 400 candles whenever I say I want to look back the latest 400 candles the measuring tool on trading view you can just grab it and click on the chart at the most recent candle and then scroll back left and it will show you as you can see right here the amount of bars you're going back this is 268 bars from where I started to where I stopped the measuring tool so that's the easier way to measure 400 Bars instead of trying to count 400 Bars which would take a ridiculous amount of time but back to the lesson here is the area we want to pay attention to for Possible Trading opportunities we want to see price get into this area and see possible Candlestick patterns or chart patterns on a lower time frame let's take a look at what happens so price pulls into this area and we eventually get this big close below candle showing a lot of selling pressure from this area so we've now combined Market structure pinpointing the perfect area to get on board with a trend continuation trade and now we have selling pressure in that area showing us that sellers are in fact trying to take control that would give me all I would need to place a sell trade here and when I say a perfect scenario I don't mean in any way that it works out 100% of the time I'm just saying this is the most logical way to try to capture a trend it doesn't work 100% of the time I'll show you some losing trades as well but these are EX examples of winning trades obviously because I'm teaching the strategy to you right now let's go ahead and take a look though so our stop loss would go above the swing high and for these examples of 1.4 to1 reward to risk ratio we would be taking a sell trade right there we would then be waiting for price to either push lower or higher and eventually price does in fact push down enough to hit those targets so one more look at our silver market structure Trend continuation strategy here we're on the dollar Yen this is a trade I actually played last week we're currently on the daily chart I already have this pointed out I just want to show you this as an example we have price pushing up to a swing High then breaking and closing Above That Swing high right over here then we look at this level create a zone out of it in our gray area we have this Zone being tested multiple times even though this was an inside level or a minor swing High I do allow that to be one of the times in terms of the multiple times tested in our Market structure level so with that being the case price then pushed down and was even bouncing off of the 50 EMA and just like our reversal strategy this is what I consider an A+ setup for the trend continuation Market structure strategy now with this being the case I placed this trade last week I'll go ahead and hit play and as you can see I was just stopped out of this trade so I just wanted to show this trade to ensure that you understand that this does not win 100% of the time no strategy does the point of any trading strategy is to have an edge over the market that edge does not mean you know exactly what the Market's going to do every time you place a trade it just means that over a long period of time if you have over a 50% chance to win which this does give me according to my testing and trading of this strategy and if you can get over a one to1 reward risk ratio on those trades then you're inevitably going to be profitable over a long period of time that was our silver trading strategy which is a trend continuation strategy now let's talk about the bronze Market Market structure trading strategy that I like to utilize now this is my least favorite out of the three but it still provides a significant Edge over the market especially when you combine it with a good reward to risk ratio or maximizing your Targets on these types of Trades let's go ahead and take a look at examples of these and walk through the rules of our bronze trading strategy here we are on the New Zealand dollar on this pair I'm going to start our Trend off right down here swing low to high down to new swing low up to new swing High down new swing low up to new swing High down to new swing low and then we break and close again now just like all the other strategies this utilizes our format for identifying swing highs and lows correctly but in this case for the bronze trading strategy we're still looking for Trend continuation but this is more of a last chance to hop on the trend type of scenario what I mean by that is in this case let's say this trade fails our Trend continuation trade in this case it looks like it does if this trade fails or if I do not get a trade for Trend continuation out of our swing High Zone then what I look at next is the swing low before the break and close into new swing highs so here is that swing low before the breaking close into a new swing high this is what I consider the bronze level in terms of Market structure trading and the reason it's bronze is because although if we do get a trading opportunity in this area often times it can create a good reward to risk scenario the downside of this is if price is pulling all the way back to our previous major swing low that's actually a sign of weakness in the trend so although it does work out enough times to have an edge it is something that comes with more losses than the other two strategies but let's walk through all of the rules first rule is that the price must be pulling back to or must pull back to the previous swing low before price broke and closed above the previous swing high so with that being the case we have that rule met and in the same scenario as our Trend continuation strategy you just learned we also need this level to have been tested multiple times within the last 400 candles so in this case as you can see we do have a level that's been tested multiple times within the past 400 candles it's also the swing low in our trending Market before the latest break into new swing highs so with that being the case this is going to be the zone that I'm looking in for Possible Trading opportunities so what I need to see is price pull back to that zone and once we get there I need a very similar situation A Candlestick pattern on this time frame the 4H hour chart or a chart pattern like a double bottom on a smaller time frame in this case what do we get right here we get a nice long Wick to the bottom side showing buying pressure out of our Major Market structure Zone and this buying pressure could be enough to push price into new struct highs or to continue the trend which is why this is another Trend continuation strategy so in this case we would have a stop loss just below our swing low we'll use a 1.4 again for the targets and this would be our exact trade setup this would be the exact moment I would click the buy button for my own trading and if we press play to see what the market did we do in fact push up high enough to hit those targets eventually and this was a bullish example of what I consider the bronze Market structure trading strategy now let's take a look at a bearish example of this Market structure trading strategy here we will start our Trend at the top here pushing down to a swing low up to a lower swing High down to a lower swing low up to a lower swing High down to a lower swing low in this specific case based on what you learned about the bullish version of the strategy what is the Zone we would be looking in for Possible Trading opportunities well it would be the previous swing high before the break into a new swing low with that that being the case we're going to take a line tool we're going to draw out a Zone here at this level we're going to scroll up because we want to make sure this has been tested at least two times in the last 400 candles so if we scroll left you can see that this area has in fact been tested multiple times in the last 400 candles so we have all the criteria met for this to be a zone of structure that I look for Possible Trading opportunities inside of with that being the case going to push the market forward and eventually we get this Candlestick pattern scenario we get a long Wick to the top side with this shooting star candle followed by a close below candle so what this is telling us is a lot of selling pressure coming out of a zone that we know is likely to push price down in a continuation of our downtrend so with that being the case this is where I would actually set up the trade it would looks something like this with a stop loss above our Zone we'll use the same Target examples of a 1.4 to1 reward to risk ratio this is where I would actually click the button to place a sell trade and if we press play you can see that price did in fact eventually push down far enough to hit those targets and this did in fact push price lower into a continuation of this downtrend so before we keep going I'm going to explain this yesterday I was riding around the city on one of those electric scooters you can pay for and someone walked right out in front of me and I just swerve to miss them I fell off the scooter ended up Landing directly on on my face and although it does hurt it looks way worse than it feels so let's go ahead and continue with the video what I'm going to do now because this entire video has essentially been me showing you trades in hindsight that have already happened that's just the nature of teaching something that's what you have to do but I want to give you guys what I'm looking into for next week on the top five major pairs utilizing the three strategies you've learned throughout this entire video so all this is not going to be in hindsight there G to be things that have not happened yet I'm just going to show you how I'm preparing my Trading for next week utilizing what you've learned in this video on the top five major pairs just before we do that if you've enjoyed today's video then you would likely enjoy the TTC forx University we have some space available in the University right now so if you'd like to learn more about that it's going to be the top Link in the description it's essentially an entire course taking you from beginner to Advanced strategies and everything in between including risk management and trading psychology training and it also comes with two to five of the trades I'm taking each week sent directly to your email and it is a mentorship program meaning any questions you have about trading it'll be me answering those questions personally so if you're interested in that click the top Link in the description if not let's go ahe and take a look at the top five major Pairs and walk through my exact analysis utilizing these strategies on those pairs first we're going to take a look at the euro dollar on this pair we're going to draw out our Trend we have swing low to swing High down to swing low up to our new swing High down to our new swing low up to our new swing High down to the swing low and up to the new swing High where where are we at right now we're in an uptrend because we have not broken below or closed below our previous swing low so with that being the case we are currently in an uptrend and do you notice any of the strategies we talked about today coming together right now hopefully you said yes the bronze level strategy that you just learned is happening right now here on the euro dollar we have this area which is our previous swing low before the break into new highs and if we look left this area has in fact been tested and used multiple times by this pair so with those two things coming together this area is somewhere I'm looking into right now for possible buy trades it also helps that on the 4our chart we are currently bouncing off of what our blue line is our 50 EMA so with that being the case we have kind of an A+ setup for the bronze trading strategy so with that being the case right now we've already had an engulfing candle but as I said earlier this is my least favorite of these strategies and I need a lot of confirmation in these areas for this specific strategy so with that being said I'm actually dropping down to the 1 hour chart and I'm waiting for a close above candle after this double bottom we've just gotten so on the 1 hour chart we have a double bottom that is just formed and I'm waiting for this candle to possibly close above the previous candle if that happens I'll personally be placing a Buy trade here I'll probably wait and do that or actually I'll have to wait and do that on Monday it's currently Friday and it's almost 5:00 p.m. but that's what I'm going to be waiting on and that's the analysis for the euro dollar utilizing the exact strategy you just learned next up let's take a look at the pound dollar and first things first let's go ahead and draw out our Trend we have swing low up to swing High down to swing low up to swing High down to swing low up to swing high and what have we just done we have just created a possible reversal scenario the gold trading strategy it obviously hasn't happened yet but but it's very important to prepare for these things you don't want to come onto charts and just start guessing at where you're supposed to be trading you want to go ahead and be prepared for when these things happen so that's what we're doing right now in this case since we have just had price come down and close below that previous swing low we have a possible reversal in Trend happening right now so because of that what we're going to be waiting for is price to pull back up to this Zone this Zone has not been tested multiple times looking left but that's not a rule I have for this specific strategy for the gold strategy I don't need multiple times tested it obviously adds accuracy but even without that I'm still going to be looking for price to come up here get between 1. 2959 and 1.29 37 and I'll be looking for possible entries inside of this area for the start of a new downtrend here on the pound dollar and that's what I'm looking at for this pair next up we're taking a look at the dollar Yen here on this pair we have a push lower to a swing low lower swing High down to a lower swing low so at this point what do you think we're looking for we looking for two Possible Trading strategies we're looking for the silver or the bronze trading strategy we're starting off with the silver being this area right here that price is currently in in this area that has in fact been tested multiple times looking left so that's our second rule met what we're going to be looking for is possible entries in this zone so right now on the 4 Hour chart we have no entry in this Zone based on the exact entries that I look for again I'm going to do a detailed video on that next up so be sure you're subscribed and be sure you have that notification Bell clicked but let's drop down to the 1 hour chart and see if we get anything here here I'd be looking for something like a double top we do not have a double top yet but that's something I'll be keeping an eye out for going into next week here on the dollar Yen next up we are taking a look at the dollar Swiss here on this pair we have a push lower down to a swing low up to a lower high down to a lower low up to a lower high down to a lower low and at this point we're in the midst of a pullback in a downtrend meaning the place I'm going to be looking for possible trades for our Trend continuation strategy the silver strategy is going to be right here so this is going to be the first place I look for possible trades and it has in fact been tested multiple times by price in these areas so with that being the case I have everything I need for this to be a Zone I look for possible sell trades inside of if this pullback continues to this area this is where I'll be looking for possible entries this area is between 0 8942 and 0.892 4 and finally last but not least let's look at the Aussie dollar here on this pair we have a pushup to a swing High higher low higher high equal low higher high higher low higher high and what have we just done we've just broken and closed below this previous level so in this case what strategy do we have the opportunity to trade in this situation this would be our gold strategy or reversal strategy really cool thing about this as well is that it created a head and shoulders pattern before pushing lower so if we get a pullback to this area not only does it meet the criteria for the reversal trading strategy that we talked about at the beginning of the video but also this is the neckline of this head and shoulders pattern so that's providing a little more accuracy in this situation so what I'll be waiting for next week on this pair is a pullback into this area between 0.67 35 and 0.672 3 inside of the zone is where I'll be looking for possible entries to get involved in a trade to the downside and hopefully capture the start of a new downtrend and hopefully get a really good reward to risk profile on this trade here on the Aussie dollar I hope you enjoyed today's video if you did make sure you click that like button make sure to subscribe if you are new to be alerted about the video about entries I'm going to be coming out with next also don't forget if you're interested in the TTC Forex University it'll be the top Link in the description or you can go to www. thetradingcarder structure trading strategies and these are by far my favorite and most accurate Market structure trading strategies that I utilize in my own personal trading so again I hope you enjoyed it I hope you trade green I wish you all the best of luck in your future trading career and I'll talk to you in the next video see you soon