Best Strategy for Scalpers: Channel Trading Setup ๐ฅ
One of the cleanest and easiest ways to scalp the market is by using a channel trading setup.
Hereโs how it works:
1. Draw a channel
Just connect the highs and lows to form a box around the trend. In an uptrend, the price bounces between the top and bottom of the channel.
2. Scalping made simple:
When the price hits the bottom of the channel โ it's a buy zone.
When it reaches the top โ it's a take profit zone (or even a short if it shows rejection).
Think of it like the price is bouncing like a ping-pong ball โ and we ride those moves.
3. Watch for breakouts:
If price breaks out of the channel with strong volume, it usually means a bigger move is coming โ either up or down.
Why this works:
Easy to spot
Gives clear entry/exit points
Works well on lower timeframes โ perfect for scalpers!
Pro tip: Donโt jump in blindly. Always wait for candle confirmation or a volume spike before entering.
Try it out and let me know if it helps you get sniper entries too!