The areas marked are the zones whales hunt within ... they seek liquidity in these zones and don't like remaining within them for very long ! While they appear in likeness to FVG , they are fairly different . These zones act like walls , on either side lay lots of buy and sell orders which remain in place.
These zones are where whales buy/sell and if you identify these zones they can help you add confluence to your TA without getting harmed in the way of a whale fight. Look to these zones for a reaction and that will provide you with a good idea of where PA will go . The price either strongly rejects or flies through these zones so you must ensure you watch market structure.
Along with confluence for entry , these zones may also be a good point to seek profit. Price likes to sit between these zones so if you would like to swing trade , these zones are the preferable place to take profit !
As these zones continue to grow or shrink i will update this chart - you do not want to ignore these opportunities !
-Oz
These zones are where whales buy/sell and if you identify these zones they can help you add confluence to your TA without getting harmed in the way of a whale fight. Look to these zones for a reaction and that will provide you with a good idea of where PA will go . The price either strongly rejects or flies through these zones so you must ensure you watch market structure.
Along with confluence for entry , these zones may also be a good point to seek profit. Price likes to sit between these zones so if you would like to swing trade , these zones are the preferable place to take profit !
As these zones continue to grow or shrink i will update this chart - you do not want to ignore these opportunities !
-Oz