HP Bos vs LP Bos - Supply & Demand Trading Hello traders
In this example, I will show you what HP BOS (break of structure) and HP POI (point of interest) look like, and on the right side you can see an example of low probability BOS (break of structure) and low probability POI (point of interest).
BOS (break of structure)
-Break of structure or BOS is the term used by
traders, and it simply indicates a break of the recent structure
We have 2 types of BOS
1. High probability BOS
2. Low probability BOS
High probability BOS
-You can see the high probability BOS on the left. The price impulsively breaks through the most recent structure, the momentum is present, and at the end, we see a good candle close, the price did not leave a big wick.
Low probability BOS
-You can see the low probability BOS on the right. The price barely breaks through the most recent structure, momentum is not present, and at the end the price leaves a large wick - the characteristic of a large wick is that the price no longer has momentum.
POI (point of interest)
- POI | Supply & Demand is the place where we want to sell or buy
We have 2 types of POI
1. High probability POI
2. Low probability POI
High probability POI
-When we want to select the HP POI , we want to see that the momentum is present, as in the example on the left. The price did not leave a wick, it impulsively broke the high, and we see a nice closing of the candle.
Low probability POI
-When we see a low probability POI, we don't want to see that OB as a potential trade opportunity. On the right, you can see the low probability POI. The price has no momentum, it leaves a big wick which tells us that the momentum is weakened.
I hope this example helped you to better understand the difference between high probability BOS & POI and low probability BOS & POI, if you have any questions, drop it down below.
Orderblocks
btc continue downward movementhello guys
i really think btc is on descending parallel channel and it continue its downward movement until reach to important target...
on the other hand, it touch too many times top of parallel channel and make this line so week so be aware of possibility of break up...
personally don't get this position it is risky for me but still it is possible...
always do your own research.
If you have any questions, you can write it in comments below, and I will answer them.
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Ethereum: sell order place in the order block putEthereum made an interesting analysis that we can to entry in short in this trade. In the previous candlestick, formed a bearish hammer, indicating sell-off. What we can to short this cryptocurrency toward $1,090 USD.
In H8 timeframe still bearish in this side.
Meanwhile, in Daily timeframe we see a possible perspective that Ethereum may to continue down toward $1,000 USD
So, I'm shorting Ethereum that I put this trade to short now!!!
Good luck!!!
EURUSD CASE STUDY 1:41 RRIn the first week of November we note that the price has previously made a new structure in the TMF of 1W and 1D, breaking the previous LH and creating a new HH.
The first thing we note in before marking our zones of Interest we look for the following confluences:
1º BOS (Structure Breakout).
2º Small pullbacks and continuations.
3º Signs of weakness of the strong hands on sale.
Taking into account our confluences, we can mark the zone of interest, the one where the price is more predictable to react with an upward movement, we can also call demand zones.
Already in the first week of the new month we should align ourselves with the most important news, here comes in the NFP (Non Farm Payrolls), Interest Rates, Unemployment Rate and PMI Index, these are part of our analysis and play a big role in the macroeconomic system of each country.
Moving closer to the demand zone, we mark an OB (Order Block + Imbalance) on the 15 min TMF (Time Frame). Here it is more predictable that the price will mitigate the pending orders and fill the imbalance created earlier.
The price already approaching our zone, completely mitigates the OB + Imbalance and creates an accumulation zone before responding with the
upward movement.
For a more precise entry we decided to place our Pending Order between 100% of the OB and 0% imbalance, so as not to risk losing the trade.
With the bullish reaction in our favor, we place our SL at Breakeven and our TP (Take Profit) above the HH. We can extend our TP even more, if we look at the weekly TMF.
We get a 1:41 RR with a profit of +650 pips.
US 100 LONG TRADE Hello traders
We have a bullish impulse wave and an expanding correction, which we expect to get another bullish wave
BTC: Possible Retracement Following Liquidity GrabBTC is facing more downside, but this might not come before a series of bull traps. Overwhelming supply predominance within the macro pennant, with isolated demand spikes unable to break trend resistance (upper dotted line). As the price action meanders toward the bear triangle's apex, we see narrowing spread with supply bars steadily building. This means that the MMs are careful to hold range, to give the illusion BTC is not as bearish as it looks. In these scenarios it is not uncommon to see a sudden sign of strength to entice retail traders to buy into a UTAD (upthrust after distribution) before dumping at the supply order blocks waiting above.
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Not financial advice. Always DYOR and trade at your own risk.