๐ Price Action ยท Structure
Positional price-action trading
Weekly-chart structure trades: enter on retest of a broken resistance or a strong bullish reversal candle at a demand zone. Long-hold, minimal indicator use.
Setup
- Chart: weekly candles โ no indicators except optional weekly EMA 20 for context
- Identify demand zones (prior consolidation lows) and supply zones (prior consolidation highs) on the weekly
- Mark breakout levels where the market has previously reversed multiple times
Entry
Long: bullish reversal candle at a weekly demand zone (hammer, bullish engulfing, morning star). OR: weekly breakout of a resistance level with retest as new support. Short: mirror.
Exit
Target next major supply zone (long) or demand zone (short). Trail on breaks of prior weekly swings.
Stop-loss
Below the reversal candle's low (long) or above its high (short). Weekly stops are inherently wider โ size accordingly.
When it works
- Weekly-timeframe structure is clean with clear zones
- Reversal candles have strong bodies and appropriate context (at a zone, not mid-range)
- Broader macro supports the direction
When it fails
- Trying to force setups mid-range where there's no clear zone
- Weak-bodied reversal candles without confirmation
- Ignoring weekly context and trading against the higher-timeframe trend
General trading rules that apply
Regardless of the specific setup, these apply to every strategy on this site:
- Never risk more than 2% of your account on a single trade
- Place a hard stop-loss before entering โ no exceptions
- Journal every trade: setup, reason, outcome, one lesson
- After two consecutive losses, stop for the session
- Backtest and paper-trade for a month before deploying real capital
Every strategy here is part of our in-house catalogue, written and calibrated for Indian markets. Past behavior does not guarantee future results. Charts run against 2-year Nifty data โ actual results in your account will vary. Backtest, paper-trade, and size responsibly before risking real capital.