BySalfx

BySalfx

fits with HTF narrative, trendline liquidly resting above and on HTF perspective as well.

BySalfx

there is no way of knowing how up it can go from there so best to see how price reacts as we can fill gaps and go back down, alot of liquidity resting on inducement line paired with gap on the demand that caused it, we can grab liquidity from the major support as the demand is a monthly OB which made new highs so its valid, be careful no exact knowing where we can...

BySalfx

buy from demand or let first demand become supply and get short to demand.

BySalfx

So on my last post appears, liquidity was taken i exited early as i saw bullish order flow and exited my position in little loss, this is the real move that broke major structure, and now we have grabbed liquidity and finally mitigated the real ob, we should expect a sell from here it does not have to be a major bottom reversal but expect 1:3-4.

BySalfx

This is a good as a TA setup can happen, the rest is just the nature of trading.

BySalfx Updated 

All confluences are in place, this could be a very bigg liquidity grab for us but we will have to see.

BySalfx

lets see how it plays out, lq resting, structure broken in poe with bearish orderflow.

BySalfx Updated 

We are in HTF Ob that broke major structure, we have liquidity generated below LTF BOS OB, with alot of imbalance to fill below

BySalfx

this mofo better hit i aint playing man , bearish order flow + imbalance filled + ob in higher time frame ob that broke daily+ psychological structure plus with a good golden discounted fib number.

BySalfx

If we do not make a HH and fill imbalance then i will look for bos and short entry.

BySalfx

its all about probability, if you loose you loose less but if you win you win big.

BySalfx

Monthly can be at a bounce but has to make break of structure Weekly is bearish daily is bearish 4h/1h is bearish possbile bounce in snipe ob, and ob poi as we need to see strucutre been broken and made to see reaction, big gap created which can have short term bounce on ob snipe if bos is bearish then i have idenfited where price can make action

BySalfx

Monthly can be at a bounce but has to make break of structure Weekly is bearish daily is bearish 4h/1h is bearish possbile bounce in snipe ob, and ob poi as we need to see strucutre been broken and made to see reaction, big gap created which can have short term bounce on ob snipe if bos is bearish then i have idenfited where price can make action

BySalfx

we are at crucial point, wait for price action to occur which will result in structure break, trade the conformation

BySalfx

We are at a major volume support/ resistance area we can consolidate and go sideways before we break out, trade the break out confirmation not a fakeout. White line is 200 ma

BySalfx

Anything can happen here if we break to the upside, trade the conformation, and if it breaks to the down side I'm hoping for a bounce on support and if it goes down i will still scalp at support . If it goes below support look for short!

BySalfx Updated 

Two situations, we are in a strong uptrend, we are on the top of this ascending flag, which was respected many times, stoch is flat, rsi is at 85+(4h), cipher is showing divergance on vwap and sell, volume is also slowly decreasing as it is more apparent on 1h and macd is showing a trend reversal on 1h, before we short at the top of the flag we need conformation,...

BySalfx

We have formed a wedge on 4h,daily, rsi is oversold at 80, macd is showing a change of direction, we are also in red zone of vwap band deviation . Have a tight stop loss, as if we confirm break to the upside we might retest before we break again ,then long.