Weekly:
- Bullish M
- Bearish big candle close
*First time we break the HL
*We close very bearish
*First time structural retest IC
Daily:
- Bearish driver
- Inv H&S + Natural M
- S&D zone is tapped
- Clear S&D zone
- 3 leg -68 FC aswel
- 3rd touch ascending trend line
4H:
- Bullish
- Clear tap daily zone (D 100 of Natural M)
- Double bottom + Bullish M as 4H criteria
- Sitting on 5 leg -27 FC
- Clear S&D zone (Horizontal ray)
*In the past we can see also this 4H entry criteria around this zone
Note
Other pattern option: 4H Inv H&S after new liquidityD/
- Natural M + Inv H&S still valid
- Bullish candle close + smaller Inv H&S
- Touched the previous low and bulls kicked in
- We got a full -68 FC at this moment
4H/
- Bullish
- Bullish driver
- Inv H&S with BOS
Trade closed: stop reached
Note
Review trade: -1%LESSONS:
- We used multiple times the "same" liquidity and we couldn't break the selling zone
- We had a corrective PA with Fib C and pattern forming BUT price took 'fresh' liquidity a little bit lower and then pushed trough the upside
Conclusion:
- Multiple times liquidity taken from a zone and can't break the zone after 2/3 times, price is going to make a new action and take liquidity some lower in the market for making then the push
4H/
- Inv H&S with break was enough due to 4H driver + Fib C and daily pattern in pattern
- BE just not reached 0,83%
- Ugly 4H pattern but clear on 2H/1H
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.