Alson Chew

Price Action Manipulation Level I

Bullish/Bearish Bar

1. Bullish/Bearish Pin Bar

2. Bullish/Bearish Markup Bar



• Bullish (green)/bearish (red) body of the bar is at least 2/3 of bar range.

3. Bullish/Bearish Flush Up Bar



• Bullish (green)/bearish (red) body of the bar is at least 2/3 of bar range.
• Larger bar range relative to preceding series of bar. At least 1.5 times normal bar range

4. Bullish ice cream



• Bullish/bearish body of the bar at abound 1/2 of bar range
• Close of bullish/bearish bar must be at least 1/3 of bar range top

5. Summary

Entries and Exit

• Break of bar formation high +1 tick

• Retracement of 50% of bar formation range.

• Stop loss at:
• -1 level of bar low
• Preceding/nearby swing low
• 1 ATR distance

• Break of bar formation low -1 tick

• Retracement to 50% of bar formation range

• Stop loss at:
• +1 level of bar high
• Preceding/nearby swing high
• 1 ATR distance

Force Strike Bar Continuation & Reversal

1. The marker is Mother Bar & Baby Bar

2. Followed by any of bullish bar (within next 5 bars of the marker)

3. Possible scenarios:
1. Bullish FS in Uptrend Continuation
• Price Action to be in clear upside trending mode (higher highs, higher lows and visually general price movement upwards)
• Price Action above 50sma (positive flow)
• Bullish FS to be seen at/near retracement to 20 or 50 SMA
2. Bearish FS in Downtrend Continuation
• Price Action to be in clear downside trending mode (Lower lows, lower highs and visually general price movement downwards)
• Price Action below 50sma (negative flow)
• Bearish FS to be seen at/near retracement to 20 or 50 SMA
3. Bullish FS in Force Bottom
• Price Action to go below LP and close at or above LP with bullish FS formation (force bottom scenario)
• Price Action can form anywhere in the chart (above or below the 50sma)
4. Bearish FS in Force Top
• Price Action to go above LP and close at or below LP with bearish FS formation (force top scenario)
• Price Action can form anywhere in the chart (above or below the 50sma)