lower lows being created took sells under reactive zone.
beautiful move to the downside under reactive zone level
Bearish Model Script this was already in a downtrend on the htf but i went into the smallertime frames to identify bearish market structure to the lower low on the htf we see the market structure moves the same but dont get caught up in lwtf price will knock you around because of misunderstanding on what the htf are doing.
Market had a minor break of Structure (BOS) on the hourly timeframe indicating a bears are going to take direction of the trend came down to the 4 hour resistance area higher low and sold below it indicating change of character (choch). taking sells under zones where bearish reaction is.
Price was on a downtrend created a pullback breaking a lower high then creating a support had a bullish reaction but couldn't keep bullish strength to continue to the upside sellers started to take control and broke through the 4hour time frame support creating a new low price had a correction to retest previous support to turn into resistance for a clean move to...
Market repeats itself making a series of lower lows
The Market created a series of lower lows with corrections overtime it went below of a reactive level it had the same impulse move with more continuation.
The market created a new low unde zo made a correction Had a continuation another pullback to the major resistance area for another impulse move.
here the market broke below a level of support indicating weakness made a new low had a short pullback before another breakout to lower levels
Here is another analysis I drew up you can see the market had a correction on the htf and respected a resistance level before continuing bearish
Here we have the market making a series of higher highs before the exponential moves to the upside from new release. If we can look at the previous market data we can see that price respected a low and recovered and had a broke above a resistance area which was the higher highs I explained previously but also we can make sense of the fact that the dollar is backed...
The market was originally in an uptrend it made a correction which took out some buyers then bought back up to the upside I was in buys originally but then I switched up my analysis to sells cause I got caught u in the new low which was just a retest in the level buys could've been valid on the second lower high correction to the upside you just gotta trust...
This was originally a buy as well this was a losing trade for me it had a reversal of two new lows being created by the market and was indicating bearish sells also didn't buy above level also the dollar is weak as its selling so I could've used all those confluences but the higher high really had me stern on my decision but that's trading anything could happen...
The market was originally in a selling trend then it made a huge correction to the upside brining in buyers forming new higher highs the market could've kept buying up but it failed to buy again through the resistance area where the buyers controlled the sellers came in and formed new bearish structure to the downside and was trading below a significant support...
this was the second trade of the week we caught a short term sell market made a new low below a resistance area pulled back respected the highs and printed a bearish candle stick below zone where we were anticipating sells to happen targe was lower support level. i risk 1% per trade and only take about two to one trades per week.
this week we took two trades this one was a clean market struct we were in a bearish trend the market created a new low after the new low price usually retraces in a buying manner to retest a higher low and respect market structure we took sells below level where sellers control and target lower low.
Market had a countertrend reversal to the upside started making higher highs.
Market made a continuation of lower lows and had a sell off