I'm following this scenario for the rest of the month and maybe the first week of March. The plan is to trade lower timeframes with this premise and take MMBM on the 4-hour and so on 1W timeframe context:
Price's trades a 4h BISI + 4h OB as part of a second accumulation in a possible MMSM in the 1D timeframe. This is important because it frames the context behind the trade idea. I'm ultra-cautious about this because it's the weekend, and price can do whatever.
- H4 SSL Raid - H4 Discount - M15 MSS - M15 Displacement - Retracing to Discount - Seeing a delayed London Buy Normal Protraction - Will have for price to come to 62% fib - Will need to see M5 AMD
GOLD - Seeing that price has reacted off of the HTF Demand, I will be looking for areas of LTF Demand until price reaches the Monthly, Weekly and Daily chart Supply. We remain REACTIVE, not PREDICTIVE.
Nas100: Looking at the current market conditions, price is reacting from a HTF demand. To confirm that this demand will hold, I will be looking for further LTF confirmations and breaking of structure (HH & HL). That being said, HAPPY TRADING.
Price moved back to supply and is rejecting the area. I will be looking for price action to go lower considering the HTF bearish state, however, anything is possible, hence the need to emphasise good risk management.
After seeing what FOMC did yesterday and that it didn't quite give us much of a push to anywhere, but stayed inside a consolidation, I have this set of analysis, in my opinion that I'm watching out for.
Considering that the chart is in an overall HTF bearish state and has also not yet presented us with long setups, I'm still looking for short objectives, obviously not forgetting that on a HTF, price is consolidating inside demand. One of two things can happen and I'm going to be watching price action and will update moving forward.
Considering that the chart is in an overall HTF bearish state and has also not yet presented us with long setups, I'm still looking for short objectives, obviously not forgetting that on a HTF, price is consolidating inside demand. One of two things can happen and I'm going to be watching price action and will update moving forward. Please use good risk management
Considering that the chart is in an overall HTF bearish state and has also not yet presented us with long setups, I'm still looking for short objectives, obviously not forgetting that on a HTF, price is consolidating inside demand. One of two things can happen and I'm going to be watching price action and will update moving forward.
Considering the general direction of this chart on a higher time frame basis. I'm obligated to look for shorts on lower time frames, after obviously being presented with all criteria.
Price has returned to a 5M supply on an overall HTF bearish chart. I'm looking for further bearish moves until I see signs of a shift in market structure
Price has returned to a LTF Supply, and seeing that the chart is bearish on a HTF, I'm only scouting selling opportunities on Gold
Good morning ladies & gents, Hope you're all having a good Friday morning. A sell structure has presented itself on EURGBP. After a relentless move to the upside all week from the rejection of the Weekly Bullish Orderblock, we can anticipate a move down to the area indicated below prior to a continuation to the upside. In light of this, the M15 chart shows a...
Good morning ladies & gents, Following on from our USDCHF short idea, price has now traded back into our D1 Bullish Orderblock. From this area, I'm looking to look for a reversal to the upside. The market has NOT shown signs of breaking down yet on the lowertimeframes, so these boxes don't highlight my entry point. What they highlight is areas where you can...
Good morning ladies & gents, I'm looking to short USDCAD today. After price traded up to a D1 Bearish Orderblock, we saw a rejection and a market structure breakdown. Today price has come back to retest the H1 Bearish Orderblock after that big drop yesterday to induce sell stops, price has come up to raid the stop losses of any retail sellers. Looking for a...