CHFJPY - Trade RecapCHF/JPYOANDA:CHFJPYZoomOutFX📊 Example of My 3-Step Trading Process This trade on CHFJPY shows how I combine key levels, confirmation, and precise entry models to structure my trades. 🔎 Step 1: Identify Key Levels The first step is to monitor high-probability areas in the market. In this case, price approached a H1 demand zone that aligned with a previous reaction level. These types of zones often attract liquidity and potential buyer interest. At this stage, I’m not entering the market yet — I’m simply watching how price reacts when it reaches the level. 📍 Key level: • H1 Demand zone around the 199.30 area 📈 Step 2: Wait for Confirmation Once price reached the demand zone, I looked for price action confirmation to show that buyers were stepping into the market. Price formed a bullish reaction from the demand zone, signalling that the level was being respected. This confirmation helps avoid blindly buying a level and instead waits for evidence of momentum shifting. Examples of confirmation I look for: • Bullish engulfing • Bearish engulfing • Strong rejection from the level 🎯 Step 3: Refine the Entry After confirmation, I refine the entry using a Quasimodo reversal pattern (QMR) on the lower timeframe. In this case: • A 30-minute Quasimodo pattern formed after the reaction from demand • This provided a precise entry location with a defined risk level Trade structure: Entry: 30m Quasimodo level Stop Loss: Below the demand zone Target: Higher liquidity / resistance area This allows the trade to achieve a strong risk-to-reward while trading with the reaction from the higher timeframe level. ⚡ Key Idea Instead of blindly trading levels, the process is: 1️⃣ Identify the level (Supply/Demand or Support/Resistance) 2️⃣ Wait for confirmation (price action reaction) 3️⃣ Execute with a precise entry model (Quasimodo Reversal) This framework helps bring structure, patience, and better timing to my trades.