Expecting price to mitigate the 50% of the previous Bullish Impulse. Now, we had our first Bearish signal, and a Sell Limit is sitting at the OTE Level of the latest impulse. We also have the confluence with a 30m OB+.
This idea comes from the Mitigation of the OTE Level of the latest Bearish Impulse. There's a 5m shift, that allows us to look for a short
Price is mitigating OB on 1H, after breaking previous Structure. Aiming to Liquidity resting below previous Swing Low
Enough Bullish confluences: - Internal Break of Structure - Major Swing High Taken Now waiting on the OTE Level, that also has a OB+
Expecting the mitigation of the 50% of the last Bearish Impulse. Looking for entry at the OTE level of the 15m Push
As I was expecting, pullback to the OTE Area. We also have a good OB, and 5m confirmation.
I am still projecting the mitigation of the 50% of the latest Bearish Impulse. Now, I would wait an intra-day Pullback, to the OTE Area. Also, there's a 5 minutes Demand Zone.
This is the OTE Entry Model I use. It works when all Higher TF Targets and Bias are aligned.
Expecting price to continue with the Bearish Order flow, delivering lower prices, after mitigating the OTE Area, and after taking liquidity.
The idea is to mitigate the 4H FVG, and to pullback to the 50% area of the latest Daily Impulse. Now, the price is showing Bullish biases, and setting up a nice entry for Longs
Following the Idea of getting the pullback of the latest impulse. Let's see if we can get Lower Lows
Waiting on a Mitigation on a 30m OB. We also have liquidity resting, that could lead price to rapidly move towards our Sell Limit
Waiting for a Pullback onto the OTE Area, which also includes an FVG.
Waiting also on a 50% Pullback on USDCAD to continuing the Buys
I am still waiting the 50% Pullback on the latest Bullish Impulse. Said this, I would disregard the analysis if the Price closes above 174646.
The price did a new Low, hence we have to update the 50% Pullback Area. I am Bullish until that Level.
Waiting for the Pullback to the 50% or OTE Area to continue the Longs.