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trading H5 days before in Trading Systems_68922e7c602bf

trading H5 days before

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Open positions using the previous day's H5 support and resistance technique is a very powerful technique, how not, because we take the average high and low data from the high and low of 5 candles h1 yesterday as a benchmark for today's trend



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#1 - July 01, 2021, 09:30:30 AM
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« Last Edit: July 28, 2024, 09:35:18 PM by Admin »

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is it better to enter after a breakout, or to enter after a pullback? where is the stop loss?
#2 - August 07, 2021, 02:53:35 AM

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there is a breakout of the low H5 area on the GBPUSD pair, the trend is also down, sell for GBPUSD


#3 - August 11, 2021, 01:14:31 AM
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Using the H5 range as a reference helps traders understand where the market previously found limits of buying power and limits of selling pressure. These levels are often strong psychological areas, so when today's price re-enters or breaks through them, the market reaction tends to be more pronounced. If the price breaks through H5 resistance with momentum, it often indicates a continuation of the uptrend. Conversely, when H5 support breaks, downward pressure usually develops more easily.
#4 - December 03, 2025, 11:50:59 PM

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trading H5 days before in Trading Systems_67f8365a73a8c