Fair value gaps after a break of the money candle are GOLD.
The model is simple, prior green day = short bias.
Wait for price to break prior day high.
Money candle at high of day.
Fair value Gap after break of money candle low, 5m
Enter on retrace to the gap.
1:2 RR
When you first start trading you add stuff to your system.
As time goes on, you find things to GET RID OF.
Like taking the training wheels off a bike.
Simplify.
Using AI for a risk management plan is top tier.
Plug in a win rate, R:R, and account balance and it can walk you through some good options to stick to.
Eurcad short momentum trade
I found a 1 hour range that had possible momentum building.
ATR candle at 2 AM
Close inside range on 15 min chart at 6:15 am.
Patterns repeat on multiple times frames, but this is a bit of an advanced method.
Higher time frame view, 4 hr.
Plenty of downside available and ranges that haven't been closed out.
Need to see price stay inside that 1 hr CRT range to stay valid.
Usdchf long momentum trade 4 hr.
Tuesday ATR candle at 1 am
Consolidation below range
Entry on 4 hr. Chart when price closed inside range at 1 PM Wednesday.