After the distribution, price finally Broke structure to the downside respecting the OB resting on the supply zone. I can see liquidity generating, inducing traders to enter sells too early so I will wait until all the liquidity has been swept before I enter for the sell.
Price tapped into a 4H supply zone and gave us a CHoCH in the 1H TF indicating sells are taking over. Perhaps retracing to a 1H demand zone before the Buys take over. After the CHoCH price started retracting back to the a 1H OB that caused the CHoCH. It will either respect the 1st OB or the 2nd OB.
Price tapped into the 1H supply zone and gave us a CHoCH in the 15mins TF indicating sell is about to take over, it retraced and tapped into the 15mins supply zone and began to sell off. Waiting for 5mins BOS before the sell.
In the 4H i can see an unmitigated supply zone which the price will like move to and mitigate. It will either reverse or break out
On the 4H price is still trending upside, I can see an IMB and a supply zone with an order block that is unmitigated. Those are 2 confirmation why price will trend up. Once price taps into the 4H POI, we might be expecting a sell reaction to the downside.
Price tapped into the 4H supply zone and gave us a 1H CHOCH signifying a change in trend to the downside. In the process of retracing back to a supply zone, price started ranging, generating liquidity above and below. On the 1H there’s an unmitigated 1H order block Resting on a supply zone which the price will likely sweep out the liquidity above to mitigate...
After the market induced traders and swept liquidity below, price tapped into the 15mins demand Unmitigated OB and began to push up, I will wait for a 15mins CHOCH before I begin to look for my buy entry point.
After the market induced traders and swept liquidity below, price tapped into the 15mins demand Unmitigated OB and began to push up, I will wait for a 15mins CHOCH before I begin to look for my buy entry point.