UPDATES Higher Time Frame PD Array + SMT = Holy Grail Few days ago we saw price trending above the previous monthly high and rejecting at the the high time frame potential key level (20.200). On hourly time frame we have SMT (Between SandP500, NAS100 and US30) forming at the daily key level which confirms a potential shift in institutional order flow. As a...
Measuring the potential shift in institutional order flow depends critically on how the price reacts at the high and low points of the previous cycles. As a bearish investor in the NZDUSD, I am expecting to see important key reference levels failing to act as support until all longer-term targets are reached...
Measuring the potential shift in institutional order flow depends critically on how the price reacts at the high and low points of the previous cycles...
We observed price filling the IMB, closing below it, and an inversion block on September 26. This occurred immediately following a price trade above the prior monthly high, which in my opinion indicates significant liquidity. Everything I've read indicates that price is unwilling to move above that daily key level or area, so it's possible that price will reverse...
BULLISH CHANGE IN THE STATE OF DELIVERY CONFLUENCES - Oversold -Fvg -Low swept -HVB -Divergence -NWOG -Trendline support CONFIRMATION ENTRY TYPE -Once price retraces to FVG/+OB/NWOG scale to lower time frame and wait for the reversal setup.
CONFLUENCE -Momentum shift -Price is oversold -Found daily trendline support -Filled NWOG CONFIRMATION ENTRY TYPE -Scale to LTF for reversal setup
CONFLUENCE -Price is oversold -Reacted from broken bearish OB -Filled new weak opening gap -Took out PDL -PHG remains as LQ
Price is more likely to move lower to retest/fill NWOG before moving upward. For a confirmation entry, wait for the price to retrace back to the broken bearish OB or to fill the NWOG, then scale to a lower time frame and watch for a change in market structure.
Possible Reversal Setup Price is trending at discount zone Scale to LTF for extra confirmation once price retrace to breaker block Put SL above recent high and target hourly FVG
Here is my perception on NZDJPY. Read the caption and risk what u can afford to lose. please be free to share you views...
USDCHF is still bullish until 0.89981 level gets broken. Once price trade into the demand area, scale to LTF for extra confirmation...
Here we are in a bullish market structure from 1H time frame perspective, so I am looking for a long. I am waiting for the price to continue retracement to fill the IMB and then reject from bullish order block.
Retracement to fill 50% of IMB and then rejected near bullish order block + institutional big figure 3000.00
NB 1. Once the liquidity LEVEL has been traded through, 2. It is often that price will REVERSE course and HEAD in the opposite direction, 3. Seeking new liquidity LEVEL at opposite extreme level...
1. Once the liquidity LEVEL has been traded through, 2. It is often that price will REVERSE course and HEAD in the opposite direction, 3. Seeking new liquidity LEVEL at opposite extreme level...
1. Once the liquidity LEVEL has been traded through, 2. It is often that price will REVERSE course and HEAD in the opposite direction, 3. Seeking new liquidity LEVEL at opposite extreme level...
-EURCHF looks bullish on hourly chart. Therefore I will only take long position at the strong low. -I am expecting to see price braking through 0.97500 level during London Session and as soon as that happens, -I will scale into LTF for extra confirmation setup and target 0.98150