August
12
23:20
ALL

Trade in terms of : Up - trusts or test the strength of Pin Bar

Volumes in the forex up- Trust continue to explore the topic in terms of trade in the forex, namely the technique of the VSA.This time we talk about the pattern-Up Trust (Up-thurst), its varieties, the application in practice, and of course, profiting from the market with this setup.

Knowledgebase

Before studying setup-Up Trust, I highly recommend to get acquainted with the previous Related materials:

  • What is VSA?
  • volumes on the forex and how they look
  • culmination of purchases / sales
  • Accumulation and Distribution

What is Up-Trust?

Up - Trust

-Up Trust (Up-Thrust) - reversal setup VSA, is characterized by a large candle (wide spread) to the closure of about Low, followed by a relatively large volume.Often it occurs after a strong bullish movement, and represents a possible change of the bullish trend.The closer the closing of the bar to the point of Low - the stronger formation.

Market makers absorb the purchase of the crowd or from the comfort of their purchases (the culmination of purchases) or entering a sale on the re

sulting liquidity.Both can lead to the top of the bearish movement.But before opening the sale, we need to wait for confirmation of the setup (see. Below).

Reverse-Up Trust

Reverse up- Trust

Reverse-Up Trust (Reverse Up-Thrust) - Up-mirror opposite of trust.It means the ability to change the bearish movement.It has the same properties as the An-Trust.

Pseudo-Up Trust

pseudo - Up Trust

Pseudo-Up Trust (Pseudo Up-Thrust) - Up-Trust to a small volume.Not as effective, but it can also be regarded as a sign of reversal.

efforts and results

Upthrust effort and results

After the formation of Ap-trust, follow the following bar:

1) If the next candle - daunbar with the closure of about Low, we can assume that the market weakness is confirmed.If its volume is high - time to sell - if not, we should wait another candle.We are interested in the appearance of daunbara high volume and closing near Low.

2) If the next candle for aptrastom (or second after the up-Trust candle) - apbar daunbar or the closure of some High, then weakness in the market is insufficient and consider selling is not worth it.

P.S.For up-trust reverse all the same, but in mirror image.

Conclusion

VSA setup-Up Trust pretty strong, but without confirmation is not necessary to enter the market.Factors reinforcing this pattern are also:

  • Reliance on the level of support / resistance, or the level of Fibonacci
  • Trade only in the direction of the trend (see How to determine the trend.)

And that too is important, knowing how to work withup-trust, helps to define the power pin bars.By analyzing the presence or absence of volumes and the subsequent candles, we can draw conclusions about whether or not to enter the market.