Foundation
All instruments.Equal Highs & Equal Lows
When price puts in two or more highs at nearly the same level, every breakout trader places orders just above and every short places a stop there. Those clusters are the most reliable magnets on the chart. Equal lows work identically below.
Why it works
Obvious is not safe. Obvious is where the liquidity is.
Timeframes
5m and 15m.
Session
All.
The checklist
- 1Two or more swing points within a few ticks of each other.
- 2The level has not yet been taken.
Execution
Entry
Trade the reaction after the level is raided, never the level itself.
Stop
Beyond the raid.
Target
The next pool in the opposite direction.
When you should not take it
- Do not place your own stop exactly at an equal high — that is the target.