OPEN-SOURCE SCRIPT
Unicorn Setup Detector (aziz abid)
Look for the formation of a higher high followed by a lower low. Bearish unicorn model begins with the market forming a higher high. Subsequently, the market makes a lower low by breaking the previous bullish structure. It signals an early shift in direction.
Second most important thing is to look for bearish breaker block and bearish fair value gap. The overlap between the breaker block and FVG creates a zone of confluence. This is known as bearish unicorn zone. There is a possibility that price is likely to react when retraces to the area.
Final step is to look for retest and confirmation. Price retraces to the overlapped area and confirm its validity as resistance. The successful retest of the area strengthens the bearish unicorn setup. The model offers high-probabilities trade entries.
for abetter entries try to use the entries during london or new york killzones
Second most important thing is to look for bearish breaker block and bearish fair value gap. The overlap between the breaker block and FVG creates a zone of confluence. This is known as bearish unicorn zone. There is a possibility that price is likely to react when retraces to the area.
Final step is to look for retest and confirmation. Price retraces to the overlapped area and confirm its validity as resistance. The successful retest of the area strengthens the bearish unicorn setup. The model offers high-probabilities trade entries.
for abetter entries try to use the entries during london or new york killzones
Script open-source
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script open-source
Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.