Currently the imbalance on the 1hr is finally being filled as expected! Based on fundamentals heavy news dropped around 9am today !
Based on the weekly, a double bottom is forming it already retraced. Although I was hoping for it to fill the imbalance on the 1hr TF at I still was able to catch a small sell at 13205.28. Currently it is tapping the bearish weekly OB as well as the bearish 30min OB. Like I said before on the weekly timeframe there is some imbalance that needs to be filled from...
Looking for a downtrend ! Based on looking at the 1hr I see some imbalance that needs to be filled. So thats my bias that it will pass that marked SSL line that I have then continue on a downtrend or it could touch that 30min bearish OB then fill the imbalance below.
I really do not trade Sunday's as the market is opening up and sometimes can be all over the place or in a consolidation period. So Monday is when I will begin marking my confluences and entering a trade if I see a good entry.
Marking up chart for today. Looking for a sell to fill that imbalance.
Confluences: 1. Symmetrical Triangle formed 2. Failed to swing higher 3. Finally touched the Bearish 30min OB *Warning I am still learning open for feedback please! Thank you !
Confluences: 1. Failed to Swing higher (30min) 2. Bearish 30min OB to be touched 3. Bearish 5min OB to be touched
Confluences written. All my Take profits hit. Confluences: 1. Imbalance that needs to be filled from April 25 @20:00 2. Triangle formation spotted on the 5min. 3. Failed Swing spotted *Warning I am still learning, don't come for me in the comments* :)
Confluences: 1. Imbalance that needs to be filled from April 25 @20:00 2. Triangle formation spotted on the 5min. 3. Failed Swing spotted *Warning* I am still learning !
Most of my idea came from the 5min / 15min but those are my confluences listed in the picture.
Sell Confluences: 1. 4hr consolidation (Expected drop) 2. 15min Downtrend 3. All timeframes downtrend/consolidation 4. April 13, 2023 12:30pm Imbalance to be filled April 13 Imbalance filled. *WARNING* I AM STILL LEARNING DO NOT COME FOR ME. :)