Learn to Trade Level Retests in One Video | Scalping | Trading | Crypto | Binance

[00:03] how you can make money trading the level retest strategy. This is a fairly easy strategy with which you can make good money. I also wanted to remind you that we have a Telegram channel where we post current updates and posts

[00:17] about what we have added to the screener. What work is currently being done. We also have a Telegram chat in it where you can view the current settings, ask a question, point out a bug, share ideas and discuss various topics. If you are

[00:31] interested, I will leave all the links in the description under the video. Subscribe. The first and most important criterion in general. For any strategy, this is, of course, finding an active coin. The screener helps a lot with this, since here we

[00:43] can set up different tabs, and for searching for active coins, the tabs by top volatility growth and by number of transactions are just right. Let's go to the settings. By the way, we have updated the screener; they now look

[00:56] a little different. Here in the first tab we select the verse. Next, you can leave the formation without filters. Here we now select the filter by volume Here we now select the filter by volume from 70 million to 100 billion so that the

[01:09] filter by correlation filters us, we can leave it by default or customize it for ourselves, then go to sorting and here in sorting we already volatility, the second tab by the number of transactions and the third tab - This is the

[01:25] top by growth, select the time range of 24 hours, the update frequency that is convenient for you, in the chart tab we can copy my settings, the number of candles on the chart is the chart scale. You can customize it in a

[01:39] way convenient for you. I currently have 148 candles by horizontal levels. I use such settings in trend levels, I turn them off, I do not use them, and in densities I have such settings set. Next, in the indicators, I included

[01:52] settings set. Next, in the indicators, I included all the data about the coin and by correlation to Bitcoin, I have it for an hour, then click save and we get such points, we configure them in the same way, the only thing that changes is this type of sorting after

[02:04] we have configured them, we can see the most active coins on the markets, we take the top 5 dash 10 coins in these deposits and we use them for trading with We figured out the search for coins. Now let's move on to the formation itself. The formation for us

[02:18] looks like this: we have an active coin, it creates levels after we cross these levels, we have a breakout and retest. What is a retest anyway? This is when we approach already broken levels and

[02:33] bounce off them beyond the structural high or low, which is already behind this level, that is, we do not cross it. This high or low, in this case, we have according to the picture. This can be considered a structural high or low, and we do not go beyond the

[02:47] level itself, that is, we do not cross this range. The entry point is here in our test. It can be traded in different ways. This is a graphical retest when we simply place our tick at these levels, put a graphical stop behind the

[03:00] which direction our coin is in, and then we pull until the intersection of the nearest high or low, or if we have some levels higher, then we can safely pull to them. The second option from the trader is already happening for us

[03:14] when We are waiting for the rebound itself, that is, when the coin approaches a retest, it is, when the coin approaches a retest, it begins to bounce off it, the retest can say that we are waiting for the rebound itself, making sure that we have already

[03:29] started the action at these levels, we place our stop behind the reaction itself and then we pull until the intersection of the nearest High or Low, and the third option from the trader is already according to the glass when we enter the glass and assume that we have a

[03:43] level here that we are now approaching. And when in the glass, upon approaching this level, good buying or selling begins in the direction we need, in this case, we should have good buying, that is, we should actively have

[03:55] these green bubbles. When these bubbles begin upon approaching, then in the knife format, in the format for slowing down activity, we already enter, we place our stop behind the retest itself and pull the position until the intersection of the nearest High.

[04:08] Also, a formation often appears on the tests themselves when we approach here, we begin to trade here, trade, create about trading. It looks something like this, that we are starting to fall further here. This is how

[04:21] our movement begins to stall and this is the fourth option from the trading system and here we can enter the breakout of the protor gov itself, thereby pulling out a good movement. Here we will already have a Stop Loss for the reaction itself, but the entry point will already be at the

[04:35] intersection of these local levels that formed at the protor gov itself. Then, by the way, it can also happen. Such a scenario is that our coin will hit this nearest High that we had here, which forms a level and after which it will bounce off and

[04:49] hit this protor gov. That is, we can say that the protor gov is already set for a retest, that is, we already have a retest reinforcement. Here we already take the movement in the format of a breakout when we run into this protor gov and thereby

[05:03] pull out also quite good deals, by the way. Write in the comments. Would you be interested in seeing an analysis of the structure breakout strategy, how to trade it? What settings to use for entry points, stop take according to the retest itself, we

[05:17] have analyzed Formations We have active coins, from which we look for such formations. When our coin breaks through the levels, it returns to them again and already in the retest zone, we look for the formation either by the order book

[05:32] or a graphical formation, or we wait for the trade and then we can work out the deal, thereby earning money. You can also search for active coins in the coins tab. Here we have a list of coins and we can filter them. Click on the

[05:45] column name and we filter and here we see the most popular coins that we have on the market now. We sort by price change at the top. We have the reef coin, it has grown quite well and you can

[05:58] look for a similar formation on it. We have levels here, we can mark them like this. And by the way, we have the same formation emerging that I just showed. We have good levels, we can wait for their breakout,

[06:11] after which the coin will roll back to the retest and here we will wait for the formation itself and enter the deal, thereby taking away the good movement that was drawn out by the

[06:28] We just missed the retest by a hair. This also needs to be taken into account, and when we miss it by a hair, then it needs to be looked at in the glass, so it's important to monitor not only graphically, but also to take into account the glass formation

[06:41] because it allows you to work out the deal more precisely. Here, the coin could have started to fall, and here, in these green candles, there was already good activity. Long bubbles, or, for example, they would have substituted density, this

[06:54] meant that everything was already at this point, we would have a reversal movement, we entered, set a stop, and then dragged the deal to the high. Well, this video will come to an end. Thank you all very much for watching, shake hands, have fun, have fun, everyone,

[07:08] pull the calf. Thank you very much everyone. Goodbye, bye bam [music]