Here is my checklist to enter setup : 1. Price took the sell side liqudity. 2. While liqudity grabbing, made a displacement below it (green box) 3. Price likely to come back to this FVG. Meanwhile it will grab the asian session liqudity. 4. Entry level is the fib05 ~0.62 point and TP1 is the H1 FVG area.
1. Price should take the liquidity in circle. 2. Since the trend is bearish on H1 TF, after taking liquidity, it will bounce down from BPR zone (H1) 3. Price to be expected to move to liquidity areas at the downside. 4. H1 close above liquidity point in circle means a break out of structure. Must stop. Lessons learned from yesterday's stop: 1. Do not take...
1. Price is still bearish on H1 chart. Therefore, we will look at highs as liquidity. 2. On M15 chart, market structure shifted to bullish. I will look for a long at OTE area. 3. I will keep long until OTE short area of H1 chart. Liqudity point are the TP points. 4. Then i will short it at H1 OTE area. (Fib and FVG supported)
Price to take below liquidity (HL's) Then go to premium zone with news as a distribution. I will look for confirmation in blue box with M15 chart. Blue box is the daily bearish FVG and will bounce from this zone to discount zone again.
Yesterday, market structure shifted to bearish at M15 chart. It was an impulsive move having bearish FVG. Price to come to OTE level and continue to make lower levels as daily liquidity has taken yesterday.
First of all, i will wait for a short scalp. On LTF, downtrend is confirmed and it will last until it reaches to H4 order block in the bottom green box. When it arrives to this area, i will check for LTF confirmation for long scalp. In the green box, i will check for confirmation with 2 min chart.
LTC is trading in a range and the position entry is the lowest limit of the range. I expect a bounce from this point to take at least 2-3 R.
Price is within weekly order block coming from past. And tested many times for bounce confirmation. Bottom trend line and the last wick is the liqudity to take. Daily close below OB is the stop trigger. I expect high bounce after cleaning liqudity.
I have two direction plan. First one is a pull back again in to demand zone till red box. Then a small pull back to S/R point.
Green area is a good demand zone and worked many times before. I expect a repeat to this area and then start a rally. Closing below 0.79 level makes setup invalid. Main trend is bullish for daily.
Red box has a bigh order block and price rejected from here. Now it will go to H4 demand zone and hopefully continue to be bullish.
Green area is the demand zone after trend reversal. I am waiting price to pull back here then goes for new ATH.
I have marked protected high and lows starting from H4-M15-M3 charts. Market structure is bullish for all those TF. Made a fne tuning by highlighting discount zone then demand zone. Used between fib0.50 - 0.39 area to enter the posiition. Lets see.
There is a rising trend and below this is a good liquidity area. I suppose price to take this liquidity and will visit the demand zone again and continue uptrend as it is confirmed. H4 TF is also bullish.
As i am not allowed to publish it in M1 chart, i will follow it in M15 here. In 1 minute chart, i have pointed liquidity points. Based on PA, i will follow.
It broke up the cloud at H1 chart and will retrace to the entering target. I will wait for price to come to my target.Target is the Span B of H4 chart. Stop loss point is the out of cloud at H4 chart.
The grey price is the entering level which is a retest point and the Fib0.786 point at the same time. Very ideal point to enter. The green lines are the TP points where Fib0.5 and Fib0.23. The stop loss is just below the trend line.It is doing a retracement after hitting local high.