SNRC2 is “ sibling “ of SNRC1. The formula is just little bit different. The entry point of SNRC2 is RBD, DBR
1. Strong Support / Resistance 2. Entry Point DBR/ RBD 3. Confirmation = Switch to Higher TF, look for Engulf or Body candle that didn’t touch any danger zone yet
Please do not headache. SNRC3 is not a setup. It’s actually same as SNRC1 but it has it’s own formula
SNRC3 is the “ WAR “ between Bearish Engulfing and Bullish Engulfing. SOP is still same with SNRC1 and SNRC2. No need to be headache. Now, back to Entry Point. If you noticed, RBR, DBD, RBD, DBR are actually Engulfing Now, forget the SNR, SND for a while. This is between the clear Engulfing only.
To Sell : Strong support changed to Failed Bullish Engulfing. The Entry Point is Bearish Engulfing that is in the same line with that Failed Bullish Engulfing. To Buy : Strong Resistance changed to Failed Bearish Engulfing. The Entry Point is Bullish Engulfing that is in the same line with Failed Bearish Engulfing.
QML means Quasimodo level Quasimodo is came from a cartoon character that has hunchback shoulder QML only occurs in reversal. Which means, it is high risk. QML is quite popular among SnD traders. But beware, QML also is the place for the big traders manipulate us. Now let’s get started!