drake_zeref

drake_zeref

above chart (daily) - price move aggressively downward (BEAR BIAS) to swipe ERL - followed by HIGH QUALITY FVG WHY? CONDITION 1: TAKING LOW LIQUIDITY CONDITION 2 : STRAIGHT 3 CANDLE MOVES; CONDITION 3, CLOSING BELOW IFVG below chart (15 mins) - Price did manipulation taking upside liquidity - Followed by bearish FVG - I am waiting inside 0,5-0,618 being...

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WEEKLY BEARISH NARRATIVES DAILY DISPLACEMENT DOWNWARDS LEAVING FVG Right now, I would wait for 4hr confirmation at the FVG

drake_zeref

4hr and 15 min update on previous analysis after succeeded in shorting previous position, price did hit exactly 0.618 of the previous Fibonacci (left) which was our key level. Looking in depth, in 15 min TF price made a breaker before going up aggressively. In 4 hour TF and daily we still have Sell stop above - (our DOL/ Draw on Liquidity), price hasn't swept...

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daily 1. just swiped liquidity (BSL) and stay below (failed to displace upward) - still inside range but now in premium 2. daily BODY CLOSE LEAVING BEHIND FVG 3. LIQ - imbalance - LIQ - as no 1, liq is taken now we seek imbalance - could the current FVG hold?? in 1 hour above red line (SSL), there is aggresive move down ward leaving 1st fvg then down to make 2nd...

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4hr + 15 min execution 4 hr candle - price traded up above previous candle high - suggesting bull bias 15 min execution TF - confluences of PD array - FVG - swing low raided - 15 min OB targeting premium zone in 4 hr tf - the equilibrium lets see

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DXY on Weekly above and 4hr below In weekly chart (above), the bias were bearish. Candle analysis: Current week, we fell into previous week low but however close with green an upward candle showing a willingness to continue its trend upward. This might be indicating that price will move higher taking the buy stops that are resting above. In 4 hr timeframe, we...

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4 hour TF (above) and 15 min TF (below) In the picture above, price expanded to upside in previous week with high inefficiency after making lower low suggesting a smart money that created this phenomenon. It made a candle that wick to the upside, that if you see it in 1 WEEK timeframe, causing a new gap formed that is delineated with a red box in above...

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Daily : bearish bias with price swiped previous day high and closed below previous daily high which confluences with closing the void depicted in red box in 1 hour TF as we can see "Change of character" with imbalance after swiping the liquidity above which signal us that the price will go down. Conclusion: we go short how low can we go? for this trade I only...

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not shown in this image is the weekly time frame which current candle (June 16th 2023) has raided previous weekly low and stay above the support. In the daily chart we can see a green candle is traded above previous low candle (June 13th 2023), that suggest there is a possibility to trade higher. Zoom into hourly chart, it is clearly a setup that starts with a...

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weekly TF show that institution was buying at low price (the sell stop) that push higher than the big black candle to become a bullish orderblock. First target would be the equilibrium at 750 and then would search for a discount PD array before pumping toward buy stop at price more than 800

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premium PDA - FVG upside now we were in discount on weekly TF and hit an OB to retest longing toward FVG above clearing buy stop

drake_zeref

thought of wyckoff accumulation... agree or disagree

drake_zeref

My current view on BTC,. Being honest with myself, I cannot determine which way it is up or down for now. However, I suggest we protect our capital and wait for the price action. Another opportunity to buy the dip may just come. If price breaks the blue box upward, it would give us a signal that the price is changing trends. For the current situation, in my...

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MBSS : Energy Shipping Company The chart is bullish Supporting data: 1. Price making a bullish trend, Higher Low one after another 2. Confirmed Cup and Handle (a perfect 61.8% Fibo) which already broke previous supply zone and retraced 3. The retracement happen with a bounce inside the green box (which describes a demand zone on weekly timeframe) 4. What will...

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The retracement of IDX gives us second opportunity to grab HMSP. Shown here is a 4 hour timeframe analysis Several data to support this analysis (based on multiple timeframe) 1. The downside to the level of 1270 close the previous gap seen in 1 Hour TF and now closed. 2. Market structure breaking previous supply zone seen in 4 hr tf and 1d TF happened in May...

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Supporing Data: - Midterm, the structure is still uptrend identified by price still making Higher Low - 3 Days TF, SR flip has been highlighted in the greenbox - Several Bull Engulf if zoom in in the daily timeframe (in the zoom between 138-140) concurrent with a setup of retracement The level of 170 is where the sellers are as the price is difficult to...

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After tapped daily supply at around 6500, it should retrace as this denotes healthy for IDX to have upward movement This may be how this will play out in my opinion Retracement to the range of 5717 - 5750 is expected before upward movement. Several data to support the confluences: - It represents the level of 1H previous supply that has been broken and now act...

drake_zeref Updated 

BEST BUY 180 at MSB Fibo 38.2 Volume is good