This lila zone is interesting for me. I will enter with my predefined criteria IND before and BOS confirmation entry with Momentum in a lower timeframe in the area.
Possible Short opportunity here in the US TECH index. What stands for it: - potential valid order block (OB) with Momentum, a break of structure (BOS) and a bearish engulfing in a higher timeframe (H2) - 2 equal lows below the OB, where liquidity is sitting* - there is some Imbalance (IMB) in the beginning of the upmove of 12 May 2022 *also a previous equal low...
Hello together! We have some clear imbalance here, therefore I tend to that the price is coming down to this potential Order Block. Here I am looking for a long Entry and expect a furter Break of Structure (BOS).
I wait for the price to come to the point of interest near the 1919 region and then I am searching for a long in a lower timeframe. My confirmation is a bullish Engulfing and a Break of structure in the lower timeframe. After this long there is a potential short setup in the 1948 region, but this needs some time to develope.
Here are my thoughts on BTCEUR. The orange Line is for my alarm. These are no set and forget zones. I always check the market structure in the lower timeframe M15, M5, M3, I am also looking for some form of inducement.
Possible Head and Shoulders pattern, RSI divergence and also good supply and demand scheme in lower timeframes.
Here we have seen a lower High and a broke of the low with a retest. Now I want to see more momentum down, so I may adapt my Take Profit more.
Looking for a Long here. More info can be found in the chart.
Still learning this concepts, may this idea will go right! More info in the chart. Constructive feedback is always appreciated. Thanks for your time in advance.
I think I have found 2 Order Blocks here. I will search for an Entry in the second marked up zone.
The two marked up zones above could be potential OB's. Therefore I am looking for a Short here. Further information can be found in the chart.
I expect the GBP to bounce back to the lower trendline and bounce back from this zone. There is also a probability of higher volumes in the 1.36720 zone (volume profile data). Risk-reward ratio: 2.31 Let me hear your thoughts.