- Daily zone used was that that removed past zones. -Stacked with the weekly -Execution valid 4hr pattern Opened the trade with little risk reasons for this: *Price has already reacted to the first touch *Price is still respecting the trend line Why still entered? -All confluences aligned -Daily/4hr is forming a W pattern -Price is respecting the...
-Daily Supply Zone- Formed after the trendline break -Stacked with the weekly imbalance zone -Execution- valid 4hr pattern Should've been taken at 4th of June, but was asleep during this time. Limit order hit when price came back to the original entry price.
Daily zone, stacked with Weekly. Daily trend line break. Forming a zone. Retested, entered at the 4hr Star pattern.
HTF - Flag Price leaving Monthly Supply Zone Bias should be short. But mid tim frame price is creating good opportunity to go long. Expecting the price to respect the fair value area.
HTF- Price Tested Monthly Supply zone, expecting it to go deeper or retest again. How price left the new supply zone created is strong, expecting a reaction on the nearest demand zone. Since price just hit the HTF Supply zone, would still need a confirmation for a long position, price has a high probability of pushing through on the nearest demand zone.
Analysis: HTF - Up trend Zone forming on an extreme of the HTF conso. Scoring Added To filter good trades. Fresh Zone. Good engulfing candles created after leaving the zone. Atleast 2:1 RR so far. Going back (Arrival) to the zone: Unknown. Price might still go up further
Analysis: HTF - Up trend LTF Zone- Overlapping HTF Demand zone Scoring Added To filter good trades. Fresh Zone. Good engulfing candles created after leaving the zone. Atleast 2:1 RR so far. Going back (Arrival) to the zone: Unknown. Price might still push through HTF Supply zone.
-Price Entering Daily Supply Zone Possible Scenarios: 1. Price going down --Enter trade at the pullback on the break of the nearest demand 2. Price pushing through the HTF zone. -Enter at the pull back. Set and forget trade was not initiated. -Price has a strong bullish momentum. -No sign of weakness. -Wait for confirmation.
This follows the concept of Price Action Breakdown By Laurentiu Damir. Combining the supply and demand concepts and price structure. First attempt. Downtrend Target Entry: Nearest Supply Zone + Price Control right above the "Price Value"
Price entering the Daily supply zone. Waiting for short trade confirmation. Looking for a break of the nearest lower time frame demand zone. Once the zone is broken, we will wait for the pullback of the next supply zone that's going to be created right before the break.
---Neutral/Short--- ---Short-term Bearish Bias --- -Price starting to make a correction move on a lower time frame, making a ranging movement. -Price just reacted twice on the daily demand zone. Creating a higher low on the second enter. Possible Scenarios: 1. Price reacting to the nearest supply zone. Making it retest the daily demand zone. 2. Pushing through...
Price soon to enter the significant supply zone. Price is still having bullish momentum and has fundamental in favor of AUD. WIll still be needing confirmation.
-Price left the daily demand zone -Upon entering, price paused, then made a quick bullish rally, came back in, then created a higher highs and lower highs. -Confirmation of price respecting the demand zone. -Nearest lower time frame demand zone plotted for possible pullback entry. -Biased- Generally long, but price might still go for a correction move...
-Price entering higher time frame supply zone. -Still needs confirmation since price still has strong bullish momentum. -Looking for sign of weakness.