Siddharth Porwal

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Siddharth Porwal

Siddharth Porwal

@context__trader

Trade price action wherever available!

Katılım Mart 2020
11 Takip Edilen761 Takipçiler
Chayan Jain
Chayan Jain@Chayanjain124·
Inverse H&S at the low of yesterday but the real edge was location, not the pattern. The last leg down was a panic move (~$1.5 in minutes), which: 1. Price dipped below prior lows to trigger stop losses and force selling, creating liquidity for buyers. 2. Trapped late sellers 3. Created exhaustion The “head” of the pattern is actually the liquidity sweep, not just a random low. Once selling dried up, price formed higher lows (right shoulder), showing absorption. Neckline break = confirmation of market structure shift That’s where the real trade was. I initially place my stop below the right shoulder and i trade on first break of Inv HnS and don’t trail it until the trade reaches around 1–1.5R. If I had trailed my stop to cost too early, I would have been stopped out, even though the setup was valid. Trail only when structure shifts in your favor, not just when RR hits “Break gives direction, retest gives entry” : the 19:18 retest at the neckline was the ideal entry for those who want confirmation.
Chayan Jain tweet media
Chayan Jain@Chayanjain124

Two H&S setups spotted : executed one of them: Inverse H&S near yesterday’s low → Formed at a key support zone → Clear accumulation → led to a strong upside move H&S at today’s top → Formed after an extended move → Distribution signs → clean downside follow-through Both were location-based, not just pattern-based, and that’s what made the moves reliable. Will share charts soon. @RiskReward90

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Siddharth Porwal
Siddharth Porwal@context__trader·
For swing it’s preferable to have absolute momentum of 1-3 months at max & for positional 3-6 months ! Backtest ..!
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Siddharth Porwal
Siddharth Porwal@context__trader·
#brent #crude #oil Crude may fall big below this & can give multiple short side opportunities in future like silver !
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Kalpesh📈
Kalpesh📈@iKalpeshB·
All the best to yesterday’s swing traders, this gap down is just the market saying “good morning” 😂
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