I just start learning Technical Analysis, On seeing a lot of indications related videos I getting a lot of confusion. But after reading your lecture, I clearly understand, just need to understand Market Structure is enough for getting profitable trades.

Because If we understand Market Structure correctly, Then we can give our entry and exit points perfectly. Otherwise on using indicators also we not get correct results.

Source

Here without using any indicator based on Market structure and applying BRB strategy, we can do profitable trades.

Thanks for making it like a wonderful lecture to us.

What do you understand about the Concept of Break Retest Break Strategy?

Give Chart Examples from Crypto Assets.

Any coin price chart has support and resistance levels. Based on those levels Traders start trading.

They give entry in support level, exit in resistance level. But before reaching its support or retest levels it again retests those once again. In this situation, we can apply Break Retest Break Strategy for our Trades.

Break Retest Break Strategy Means a coin breaks its support or resistance levels, then again it retests its previous support or resistance levels once again then move its original trend. Here it may be an uptrend or downtrend. In both directions, we can apply the BRB Strategy.

On using this Strategy we do profitable trade in a short time.

In the crypto market, we see a lot of fake breakouts, once traders see any coin breaks its support or resistance levels, then they start taking positions but in reality, sellers or buyers act oppositely. So here we see fake breakouts.

On taking position don't be rush, wait observe then took positions. For avoiding those fake breakout traps, the BRB strategy helps a lot.

Break Retest Break Strategy At Resistance Level

Here coin price breaks its Resistance level on making a new swing high. But again retest its previous resistance level then again breaks its previous swing high. Like that it goes again and again.

In this Situation on using the BRB strategy, we can take our positions and exit with good profits in short term.

Example for BRB strategy at Resistance level.

Break Retest Break Strategy At Support Level

Here coin price breaks its support level on making a new swing low. But again retest its previous support level then again breaks its previous swing low point. Like that it goes again and again.

Example BRB Strategy at Support Level

Mark important levels on Crypto Charts to trade BRB strategy. Do it for Both Buy and Sell Scenarios.

Before going for BRB settings, we must know the support and resistance levels of the coin. Then only we possible to apply the BRB strategy on the chart. And possible to take our positions and exit with profit.

By using this strategy we can do Spot trading, but we cont get a good profit, so using this strategy we can do Margin and Future trades perfectly, in a short time we can exit with good profit.

Buy Scenario using BRB Strategy

Before taking my BUY LONG POSITION, First I need to find the recent resistance level of a coin.

• After Mark its resistance level.

• Then wait until it breaks its resistance level.

• Now in this position lot of traders go for taking their position, but it's not a good decision, because we can see a lot of fake breakouts in the market. So don't fall into this trap.

• Now again we wait until it retests its resistance level, and make a new swing high.

• If we see like those breakouts and retests and make a new swing high then we can take our position.

• Here our entry point would be the previous swing high, Stop loss would be just below the resistance level.

• I always 1:1 ratio for taking my profit. It is a good and risk-free strategy. so I always go with1:1 ratio for taking my profit.

• Here we can choose any time frame but most I use 15 minutes and 1hour.

In the above chart I mark, Resistance level, Brek, Retest levels.

Sell Scenario using BRB Strategy

For taking Sell Position first I need to find its recent Support Level in the chart. Then only possible to place a Sell Short Position.

• After Mark its Support level.

• Then wait until it breaks its Support level.

• Now in this position lot of traders go for taking their position, but it's not a good decision, because we can see a lot of fake breakouts in the market. So don't fall into this trap.

• Now again we wait until it retests its support level, and make a new swing low.

• If we see like those breakouts and retests and make a new swing low then we can take our position.

• Here our entry point would be the previous swing low, Stop loss would be just above the support level.

• I always 1:1 ratio for taking my profit. It is a good and risk-free strategy. so I always go with1:1 ratio for taking my profit.

• Here we can choose any time frame but most I use 15 minutes and 1hour.

In the above chart, I mark support, breakout, retest points.

Explain Trade Entry and Exit Criteria for both Buy and Sell Positions on any Crypto Asset using any time frame of your choice.

Traders before taking position must fix their entry and Exit Points also. On seeing pumps we become greedy, it's always dangerous. It just pumps, then after there is a chance to hit our Stop loss too. So here we don't earn any money and lose some.

That's why always fix your entry and exit points, if you see it pump more then use Trolling stop loss to minimise your risk and maximize your profit.

One thing always keeps in your Mind. In Crypto Market we get a lot of opportunities, so don't be greedy, try to book your profits.

Now we learn how to take our position based on the Break Retest Break strategy, now we learn how to exit from our trade with profit.

Entry and Exit Criteria for Buy Position

Before go to took Buy Position

• First Find the resistance level and mark it. Use trading view for setting up your entry, then trade your wished Exchange.

• Because here we get a lot of options to mark our levels.

• After the Marking resistance level, Just wait until it gets a break.

• Once it breaks, Now again wait until it gets retest and makes a new swing high point.

• Now we can consider as it's a genuine breakout and we can take our position for Buy Long.

• Our Entry point would be the previous swing high or just above the break of the swing point.

Exit Criteria for Buy Position

• Now we successfully took our buy long position, now we learn how to close our trade.

• Always Keep Stoploss, if we took the wrong position, then it avoided huge losses.

• Here Stop loss would be just below the resistance level.

• If our Stoploss hit first, before reaching our target means here our buy long setup is unfit. Means we took it wrongly. After hitting, then go for another set-up. We get a lot of opportunities so no issues if you lose in one trade.

• Along with Stoploss we also place our Target point for booking profit. If it hit, then exit with profit.

• Always I use the 1:1 ratio for taking a profit.

• Here we trading in Margin or Future, those are high risk involved trades so in this type of trades try to book your profit. Don't be greedy.

Like that we give Entry and Exit based BRB strategy.

Entry and Exit Criteria for Sell Shot Position

Before go to took Sell Shot Position

• First Find the support level and mark it.

• After the Marking support level, Just wait until it gets a break.

-Once it breaks, Now again wait until it gets retest and makes a new swing low point.

• Now we can consider as it's a genuine breakout and we can take our position for Sell Shot.

• Our Entry point would be the previous swing low or just below the break of the swing point.

Exit Criteria for Sell Shot Position

• Now we successfully took our Sell Shot position, now we learn how to close our trade.

• Always Keep Stoploss, if we took the wrong position, then it avoided huge losses.

• Here Stop loss would be just above the support level.

• If our Stoploss hit first, before reaching our target means here our Sell Shot setup is unfit. Means we took it wrongly. After hitting, then go for another set-up. We get a lot of opportunities so no issues if you lose in one trade.

• Along with Stoploss we also place our Target point for booking profit. If it hit, then exit with profit.

• Always I use the 1:1 ratio for taking a profit.

• Here we trading in Margin or Future, those are high risk involved trades so in this type of trades try to book your profit. Don't be greedy.

Like that we can Sell Shot using BRB Strategy.

Demo Trades

If we observe the price Chart correctly then we get Support and resistant levels in any time frame, And also we can Break Retest Breaks in every Coin Market Structure, So we can take our positions very easily.

My favourite Time Frames 15 minutes and 1 hour.

Enjin/USDT 15Minuts Time Frame

Here it gives 1:1 profit very quickly before hitting My Stoplose.So valid Entry.

_Enjin/USDT

AVAX/USDT 15 Minutes Time Frame

It gives a 1:2 ratio profit but I exit at 1:1, I reach my target before hitting my stop loss so my entry is valid.

_AVAX/USDT

Conclusion

• Just using Market Structure we can do perfect Trades. No need for any other Indicators of Knowledge For applying BRB for our trades.

• But we need Knowledge on Identifying Support and Resistance level.

• Don't be hurried on the breaking point, just wait until it again retests and shows it's an original trend, then took your position.

• Always keep Stoploss in any Trades like Buy long or Sell Shot positions.

• In the trending market also we can give our entry based on BRB strategy.

• It is very useful for day traders because we can apply this Strategy in the lower time frame.

• For long term holders try in high time frames.

Hope I finish all my Tasks correctly, If any Verify me.

Thanks For Reading My Post