Hello traders! Today we have a bullish internal market structure. During the Asia session, price formed a bullish gap and also broke the internal weak structure. We are expecting a pullback to fill the gap and continue from the demand zone.
Hello traders! Today, we are expecting a continuation of the daily structure. After mitigating the daily POI, the 4-hour chart has shifted its bias to bearish by breaking below a strong higher low structure. The price has also mitigated the 4-hour continuation structure. From here, I believe the price is likely to move lower to take out the daily weak lower low.
After the mitigation of daily internal supply zone 4hr has shifted its structure to bearish so expectation of bearish trend cont. from the new supply zone.
Expecting bullish counter pullback and bearish cont. from the recent daily supply zone but only with the Market structure shift confirmation in a lower time frame. #SmartMoney #SmartMoneyConcept #SMC #OrderBlocks #Liquidity #MarketStructure #SupplyAndDemand #InstitutionalTrading #ForexTrading
4hr internal structure has shifted to bullish so the expectation of bullish counter pullback continuation to mitigate the extreme supply of the range. but wait for the sign of the counter pullback ending.
Even though we have an indication for counter bullish pullback fractal MSS is often weak and not respected most of the time but since this is in the daily time frame it does hold some weight to it and there will be enough opportunity to trade intraday trades.
Confluence: Daily = Bullish ( recent expectation counter bearish pullback after the structure break ) 4hr = Bullish bullish cont. from the recent area of demand zone to take out the weak HH. until the LTF bias does not align with the daily bias following the 4-hour structure.
When price mitigated the area of HTF bearish cont. supply zone 15m exp of bearish trend cont. from the area of the 15m supply zone after taking out the initial sellers. If you need more confirmation we can go to an even lower time frame and wait for the sellers to enter.
Supporting HTF bullish counter pullback, I was expecting bullish cont.in LTF so when the price takes out the initial Asian session buyers there is an imbalance candle to execute long.
Based on HTF bullish cont. idea exp of bullish cont. from the area of newly formed 4hr demand zone. Execution should be done only if LTF confirms the overall bias.
The price executed a counter bullish pullback as anticipated. During the London session, there were multiple opportunities to enter long positions after the initial buyers were removed from the market. This provided a strategic entry point for a bullish continuation, aligning with my expectations.
In this trade idea, I plan to execute a counter-pullback strategy followed by a continuation move once the price reaches the recent supply zone. I'll look for bearish signals to enter a short position, manage risk with a stop-loss above the zone, and target profit levels at previous support points. This approach aims to capitalize on expected selling pressure and...
This is my 1:3 RRR opened trade on AUDNZD currently at profit but I will exit this trade as soon as I see rejection in my entry bias in higher time frame.
trade based on higher time frame direction bias with 1 hr entry confluences.
highr time frame bullish bias 1 hr buy setup after entry confirmation.
higher time frame sell bias lower timeframe shift to sell
got the entry signal as expected and just hit the 1:3 RRR
continuation break of the major support in 1 hr triggered the sell entry