Monthly/Weekly uptrend, we are in a possible distribution schematic (Wyckoff) Daily Downtrend Depending on future price action, I will consider selling the daily area (blue line) as the UTAD of this schematic. If price dips before upthrust into Daily zone below current price (blue line), I would consider buying that area up and taking profit at the latest at...
Re-entry on last LH area before the break of the structure.
We've had a hunt of last equal highs and broke the structure. We're now in a short strucutre and I'll look for an entry near the last smal bullish candle before the fast down move. I'm looking to for that liquidity arround 0.97100.
Entry on 50% of the imbalance. I'm waiting for a reaction in that zone because I've changed to 15min timeframe and I've seen that our sponsor candle have been already balanced. Were in a bullish structure so I'll wait for a fast reacton in that point of the market.
(Applying NEWLY LEARNED CONCEPTS open to cons. criticism) Just swept equal lows, may retrace once, twice or none at all but aiming for equal highs and entering based on filling in imbalances of the market. Strictly sticking to 2% RISK, 5%+ rewards. Initial entry will be a twin trade, for every 10 pips will move 2 pips or at previous swing lows. WILL NOT...
4hr structure is bullish institutional candle/mitigation candle is present fib levels lining up with 70.2-88.6 we have clear targets