Jaykarsten

Jaykarsten

This is a mix of SMC (smart money concept) analysis and retail analysis AR just broke down the rising wedge it was in, in the process of the breakdown, it created a LOT of liquidity in the form of imbalances and order blocks, looking for a retest entry at the order block above

Jaykarsten Updated 

STORJ did a BSL/SH both on HTF and LTF, looking for entry at OB

Jaykarsten

Used the perpetual chart because it's neater than the spot chart, BAKE did a BSL (buy sell liquidity)/SH, looking for a BMS and RTO enter the short

Jaykarsten

AXS has done a SSL (sell stop liquidity)/SH (stop hunt), and has BMS (break market structure) or written as CHoCH (change of character) in the chart, would be interested to go for a long if it RTO (return to OB) to fill the liquidity there

Jaykarsten

SHIB did 2 BMS after along period of downtrend, but after 2 BMS, it failed to swing to the next high causing SMS, ideally, next move should be a bearish CHoCH before RTO where I'll be looking for an entry, but if it fails to do a CHoCH or RTO, this setup is invalidated