You Can See A Lot On Just 1 TimeframeWhatsup Family
You don't necessarily need multi timeframe analysis to succeed. In this video I will show you how you can use just the 1 hour timeframe to view the market.
Candlestick patterns
Order Flow
Time & Price
Mitigations
Order Blocks
Smart Money Concepts
Chart Patterns
Support and Resistance
Supply and Demand
Orderflow
Long term bias on NASDAQNASDAQ has been bearish for a while....
Then it paused for a while by reacting the the demand zone painted as a doji ...
While reacting to this xone multiple time...liquidity has been generated by creating multiple equal lows.
Having spotted another demand zone just below the equal lows and price currently hovering around the support area(equal lows).
I anticipate for price to break those equal lows thereby grabbing all the liquidity lying below the equal lows and proceed further to pick orders stacked inside the demand zone before resuming an upward rally .
Weekend Analysis + Market Re-cap First and foremost I hope you all had a great 2021, but I hope you have an even better 2022.
Here I am giving you my perspective on a few pairs on what I believe will happen.
I also run through AUDUSD that I am currently in.
Have a great evening and Happy New Year to you all.
Ben
Smart Money SHORT | AUDCADLooking at AUDCAD
We are currently at a Daily level of Supply
Been waiting for this current level to be broken for a while and we currently seem to have that intent to the downside at the HTF OB.
Will be setting a pending order on this trade soon as the spreads go back to normality.
Lets see how price delivers from here
*** I am aware that we have also created EQH that may also be a target to be taken out *** But the intent to the downside was to strong to ignore for me so it will be a reduced risk entry
Any questions feel free to ask
AUDUSD H4 - SELL TO BUYWe could look for a SELL if prices broke the immediate H4 swing low, then look for supply areas to get involved for SELLS into the demand area to potentially go higher.
If we expect a move towards Liquidity lows, we need the H4 demand to fail, before prices can head down lower.
Smart Money LONG | GBPUSDHere we have a long opportunity to the upside, based on this lower TF orderflow.
On the larger timeframe we are very bearish but we have some internal liquidity to be taken out to the upside before price continues potentially lower.
Lets see how price reacts.
Any questions please let me know