On D1, there is a break of structure to the downside so D1 is -
We plot the S/R on D1 and wait for price to breakdown and retest this level. Which happened on 6th Feb 9am GTC +4.
Now we plot H4 S/R and wait for a retest of the 1st level at 0.6507. Price is on the way to reach this level. Enter after a confirmation, which could be a acceleration on m3 (supply...
First Step: Break of Structure on the upside
Second Step: Wait for Liquidity Grab (Sharks looking to grab liquidity of the Retail Traders)
Third Step: Wait for the Point of Interest to be reached (Origin Block)
Fourth Step, Enter on the Rejection of m15 (doji - Long candle small of flat body) or the Acceleration on m8 lower time frames (m8 demand zone). In this...
1- Think of it with a top down approach. Starting from m30, there is an External Break of Structure to the upside. Lots of liquidity sitting above the highs. Last Break of structure for a Buy. No more Selling Break of Structure to block this force.
2- Go down to a lower time frame, m15 in this case, to spot a Point of Interest (area of entry where price reaches...
The story starts the 31st May 2021 with a M1 Force pushing the market down from 1900 to 1700.
While the M1 force is on its way, it meets a W1 force the 29th Sep. 2021 at 1724 (Thick Demand Zone on D1). The energy of the W1 force should bring the price up to 1800. Then the energy fades because M1 weakens the W1 force by 4. TP is 1800 instead of 1900.
From 1800,...
There is an ongoing M1 force on the way down, starting on June 2021 from 1900 that will be ending at 1700.
During this time, there was a 5 Bar acceleration on D1 from 11th to 17th of June 2021. This is also a M1 force, due to its large SL amplitude (M1 SL). This new M1 force started soon after the 5Bar, from 15th July 2021 and is ongoing. It will also be completed...
There is an ongoing M1 force on the way down, from 1.2250 (1st Jan 2021) to 1.1000.
During this time, M1 force meets a W1 force on the way up, that started on 16th Aug 2021 from 1.1700 and is on its way till 1.1970 (ongoing).
During this time, W1 meets a D1 force that started on 3rd Sep 2021 from 1.1875 and reached 1.1700 on 22 Sep 2021.
Now that the D1 force is...
Reasons for entering on this market structure:
- There is an ongoing D1 force on the way down, due to a D1 downtrend plotted in red. This force is supposed to go down for 135pips (2ATR on D1 from the red arrow).
Because there is also an ongoing W1 force on the way up, this D1 force will be jeopardized, and will travel 1ATR distance only (current market level)
-...
To interpret this situation, you need to get the concept of price action.
Market is made of forces, sometimes that are directional, without any forces coming against. Also there are forces that oppose each other at some point in time.
In this example, there is a D1 trendline plotted, which carries a D1 energy (D1 Trendline).
While D1 force is on the way up, it...
Price hit the upward trendline and is fading around 1.6035.
The energy on the way up is over. Price is now bearish all the way to 1.5730.
The trendline game is a D1 game. The market has reached its end point. W1 players are going to force the D1 players to get stopped out by pushing down against D1 bulls.
This is the current downward rally to be expected.
Each...
There is a W1 Medium Force that is offering a chance for an entry.
This entry is a D1 game opportunity. However there is a way to get in at the market structure level in order to convert the D1 SL into a H1/H2 SL.
I am showing you that 'around' 1.1800, you need to get in a long position, and hold it till 1.1970.
This offers a Reward Risk around 10:1.
