Smcanalysis
HIGH LEVEL TRADE PLANHIGH LEVEL TRADE PLAN
HTF Objective -> MTF POIs -> LTF Execution
(Precursor to introducing LQ concepts)
Narative - PT run or CT pullback phase - signals when MTF may change trend
Immediate bias and POIs - fullfills HTF objective
Execution for MTF POIs/ideas
Always start on HTF for overall directional bias
Work your way down for timing & increased refinement
Look for the exchange in supply & demand to see who is in cotrol
1. HTF is bullish
Consider long continuation from MTF POIs following MTF structure but be aware HTF pullback can start
Quick targets
2. After HTF BOS, expect HTF Swing pullback
- Mitigation of HTF supply
- HTF CHoCH/i-BOS
- Target HTF demand in discount
3. You must wait for a MTF POI mitigation before looking for LTF entry model,
otherwise wait for MTF CHoCH/i-BOS to form fresh MTF POi.
The latter is recommended when trading counter + OF
4. Trade pro MTF OF into HTF discount demand
MTF objective - HTF pullback
5. Don't buy weak lows
6. Cautious with shorts in HTF discount
7. Extrem HTF + stacked MTF demand mitigated
last area that needs to hold price if HTF bullish Swing trend is to continue
So you may want to be more aggressive looking for long setups
8. OF now bullish. Supply just provides pullback
9. All time frame now aligned to target weak HTF high following HTF intentions
The wave structure of EURUSD in the 15M time frame is analyzed aAfter breaking the bottom of Swinglow weak, the price increased again and then broke the bottom, creating a signal that i-Bos continued to decrease.
In the 15M time frame, the price turned bullish when it surpassed the i-High Strong peak, creating the i-CHOCH signal.
Wave structure of GBPUSD in 15M frame analyzed by SMC methodAt the current 15m frame, it is a downtrend.
If the price breaks to the bottom of the Swinglow Weak, a BOS signal is created and a new Swinghigh Strong peak is created.
In the 4H time frame, the strong SwingLow bottom has not yet been broken, so 4H is just a pullback wave.
The BTC wave structure is analyzed using the SMC methodAfter the price falls, it creates a peak. The price continues to rise but the bullish candle at the end has a lower body than the previous high and is followed by a candle with a lower body than the previous candle, creating a top sweep signal. There is a high possibility that the price will continue to decrease and penetrate the previous bottom zone
Basic Market Structure Of SMCThere are 3 types of structure: Swing, Internal, and Fractal.
Swing -> BOS -> candle body close
Internal -> i-BOS -> candle body close
Fractal -> f-BOS/CHoCH (fractal structure trend change) -> wick break
CHoCH (Change of Character) -> signals internal pullback starting/ending
i-BOS (Internal Break of Structure) -> signals swing pullback starting/ending
Wave structure 4h, M15 of EURUSDIdeal POIs discount to look for longs to catch the next 4H bullish leg.
Price may not pull back this far as the monenturn is strong Daily supply has not yet been ment.
So I will cautiously follow bullish M15 structure that forms if it is clear
M15 Swing is bullish
Be mindfull it will likely switch bearish when the 4H Swing pullback is ready to strart
But there may be room for at least another bullish M15 Swing leg to 4H/Daily supply