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this made sense as we discussed these key zones. As you can see
resistance. And then we take a bio for me. Okay. So I hope
Come down.
That's all preference but I'm just going to leave it like
out this time frame sorry and then wait for a zone of for a
bounce off from any zone and for wait for it to create a
So now I can add I can go back to my daily time frame. And
candle open and then the candle close and the candle high they
the in the corner. We now get our daily zones. Okay. So this
existing zones on the weekly and the daily. So if we
tested. Then we move down to the daily time frame. Then we
enough. Okay. So now we drew up our zones, our supporter
do exactly the same. We can see that we have a major resistance
start at the weekly time frame. And then we what do we do? We
and the M thirty. Then we tend to
It's the
put in in importance I would say the daily zones we do first
play. But let me try and make this a little bit more clear.
remember that. The word I want you to take focus on when we
basically rejection area Where we anticipate reaction. Okay.
here and then in session maybe come up come down and then this
And then last but not least is the I just want to add here.
something like this. Market come down. Create a resistance.
But it's not in confluence with our time frame. Okay. So
here. Can I or can I not? I would say not. Because it's not
here stop loss over here take profit over here. Or also
but in phase four we really going to be focusing on on the
something like this and we break here then this is a zone.
take note of that. I hope you guys enjoyed this. I hope this
basic foundation and key concepts. Okay. So I'll see you
just broke a smaller time frame. I can also draw one up
chart work and so forth. But for now we just doing merely
in confluence with our time frame. Maybe if we get
zone. What I mean is for this to come down play around over
Play around over here and then this is my new found
zone and we can see this zone okay so now let's go to the H1
is the candle low oh sorry this is the candle low see the
this is a key area. So we you can highlight it if you want.
and we spot zones on the M30 because we are on a on our
zone right over here. We have a zone over here. We have a zone
so what I like to do after I drew up my weekly and my daily
green. Why? Because it's on an intro day time frame. So it
Because there's no support resistance in play. But I just
on the 30 minute we do have this zone. And I'm making it
what do I do? If you set we draw up the 50%. You are
focus on the M thirty. It has to be in confluence. Okay. So
want to see if the market still respects it. And then we have
Resistance. Resistance. And this is on the Hone only. Okay
entry to frame. So now I like to just single single singular
correct.
would be my resistance then wait for a break entry over
This is my 50%. Let's go to the Hone. So now we can see that
key zones. So this is a zone and I leave it blue because we
range from this zone to this zone is not it's it's not big
mean look at this. We have a zone right over here. We have a
over here. We have is a resistance over here.
are too close to each other so we use them together now what I
to draw it on because the market isn't close to it. The
continue down to the H four, the Hone and the M30 we going
is a resistance and this is a support that has just been
zones. The support resistance zones. I then go to my daily
clutter our chart. So that is why we then move over to the
do is I can spot to the left if we break here we can see this
detail on Now we go to the Hone and what do we do? We spot our
this. So this is a key area. And now we go down to the M30
drew it from the daily. Okay. I'm leaving this one on.
this one. Look how simple that was. This is my analysis. Okay.
or the H4 doesn't matter whichever one you see more
made a little bit more sense after we put stuff together. Um
draw up our support and resistance zones. Remember that
and I then we we use this one that remember was right here in
have a resistance over here also but it's not needed for us
to have a whole lot of zones. Okay. We going to have a lot. I
show an example. So for example
right over here and this support is still in place. We
let's start at the Let's start at the weekly. So we obviously
resistance zones we use together. So if it has to be
daily zones. Then we take only the zones where these two meet.
equilibrium or something like this. And the equilibrium is a
Let's mark up the current day. Okay. Our daily low well let's
Okay. So screenshot this. Take take notes or whatever. Let me
we go to the lower time frames such as the H four, the Hone
go to phase four. Um a proper example but when we go to the
obviously and on the weekly I'll do an example when we do
weekly and the daily we have our zones marked up. But when
Okay. So I don't want you guys to get confused with anything
So the exhaustion wigs are stand alone. Okay. They are
I just want to add a zone. A note over here. Sport and
candle high. Candle. Candle open. Candle close. And then
resistance. And intra day. And then last but not least.
what we have over here is exhaustion zones. Those are
stand alone. But these two the daily zones and the support and
one do I take? So we use all of them. Okay. They all come into
stand alone wigs. Because they can't be put together with an
or ask me questions like there's too many zones so which
Probably my favourite. It's the equilibrium.
Okay so the first zones that we have are just our normal
Daily zones. Okay. Now the daily zones remember is the
four to the Hone oh sorry and then the M thirty. Okay that
support and resistance zones. Okay. This we draw up. Remember
that the zone that we do have is our daily zones. Sorry.
that remember that video that's just a brief note. Then after
Alright everyone now before we carry on I want to discuss the
clean chart and let's do
that video we had from the weekly to the daily to the H
different key zones that we have. Okay so let's have a
guys in the next video.
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