Short Trade = Daily Anti Cypher + Bearish Maxlev Pattern Price seems to be in a downtrend, creating lower low market structures. Confluences: 1. Price below FRVP POC 2. Price below AVWAP bands 3. Large Bearish Harmonic Pattern 4. Bearish Maxlev Pattern Target: 1. Liquidity Hunt from Maxlev Pattern 2. FVG
1. I used the Previous OTE ZONE as my entry area when it has already been tapped a few times... 2. I did not plot a fib ret on the latest swing low/high for some reason despite there being a ChoCh present. One thing to note about this though, is that the FIBRET is Reversed. Seeing the non-reversed version meant there was no OB + OTE confluence anywhere. Maybe...
Harmonic + OB + IMB + OTE Check the pic. Main Reason for Entry is the harmonic pattern. Waited for Choch, and there it was. Entry point will be the Orderblocks confluence with the OTE Zone, based on Fibonacci .57-.8, Targeting Previous Daily High. Stop Loss at below liquidity points. I made 2 entry points in case the first one gets SL hunted. Overall good...
WinLev Continuation: Entry Point Missed, Pumped to Original TP, AND THEN DUMPED. Hitting my Entry Point and immediately SL. Sad. Glad it's not real money I guess. So. What could I have done better? 1. Did a manual entry after seeing the entry point be "liquidity grabbed" and missed? 2. Waited for another long opportunity to enter trade. I think that's it....
Re-taking this trade. Double Bottom Pattern + Higher Low Present on OTE Zone. Plus, Winlev pattern is not yet invalidated(just the stoploss that I set). So, re-taking the trade and expect it to hit the original tp. Just tp 1 on opposite orderblock and tp2 on original target. This is good because I'm re-entering on a lower price point. = Recoup initial loss +...
WELP. SL HIT. It got so close to TP point yesterday though. Sad. Anyway. Reason trade failed? 1. Strong resistance 2. Too ambitious tp point? 3. I should have closed the trade once I saw price made a lower high and flipped to the downside. 4. Maybe I should have made the SL or even entry point a lot lower than the FVG? Current price just bounced from the FVG...
Pullback OTE + OB Trade Strategy Pump + Pullback to OTE + Orderblock Strategy. Tapped FVG below + Weak High = ripe for more pump. Just has to gather more gas at the orderblock to fuel the breakout. I just can't think of any good or new thing to say about this. I've done this several times. You can follow this or not, it depends on you. Just put a stoploss and...
At this point it's just called WinLev and MaxLev Patterns lol. Bullish = WinLev Bearish = MaxLev I was away from charting for a few days, so I didn't see this forming. Well, there's that. There will always be new opportunities for trading.
I've charted this since last year, maybe since May, idk. It shows two possible directions depending on what structure breaks. Well, it broke Market Structure towards the upside, and has been following the price path that I laid out almost to a T/tee/tea(whatever). So yeah. It just might follow it, or it might not and just straight up dumps on the higher...
Bearish M Pattern: Success! TP HIT MUHFFUUKKAAA So yeah the five step M OTE pattern worked. again.
just something I watched online from mete kaplan. i've tried this several times and it just works, so maybe it'll work again. Plus, extremely large harmonic over there on the left. In my experience, the larger the harmonic, the higher possibility it will come true.
ICT Concepts Confluences: 1. Bearish Market Structure (Choch on Weekly TF) 2. Equal Lows as Target Liquidity 3. FIB OTE Zone
Market Structure + OTE Zone + Orderblock + Fib Ret
Market Structure + Orderblock + Fibonacci Retracement = Failed Here's why: Trendlines, S/R Levels, Chart & Candlestick Patterns are still relevant. Trade could have worked. It passed all the other criteria (market structure downtrend + bearish fib ret ote zone + bearish ob). It was just a right trade at the wrong level.
JUST CHECK THE PIC FOR THE IDEA. BUT BASICALLY HERE ARE THE STEPS: 1. DETERMINE CURRENT MARKET STRUCTURE USING 1) SWING HIGH & SWING LOW 2) BOS & CHOCH -this is more powerful if price has just made a break of structure(BOS), but not necessarily. 2. PLOT FIB FROM LATEST SWING HIGH & SWING LOW 3. LADDER ENTRY AT FIB OTE + ORDERBLOCK ZONE 4. PUT STOPLOSS AT...
4HR IMBALANCE AND ORDERBLOCKS LALALALALALALALLALALALALALA ukinang tradingview desisyon