price taking out highs and breaking structure lower, setup repeated on 1 m timeframe. until the significant high is broken, shorts can be taken
Price has liquidated orders below the low,i.e., stophunted early buyers and proceeded to take out some sellers' stoplosses. Price then retested the demand zone, an opportunity I missed. Will be looking to long at the demand zone formed. Preferably would like to see lower timeframe shift of structure. Levels on chart. Not financial advice. P.S.: BOS= break of structure
Price has shifted bullish weeks back but has yet to retest some demand zones. It may not come back for retests but if it does, high RR trades are a given (refer to Tatamotors idea) Stophunts just prior to the demand zone formations marked in color green add probability. Note that the zones have been refined based on lower timeframes. When price touches the...
based off of 30m chart, an untapped demand zone has been marked. Right above it are two equal lows which may be perceived as support. This faux-support is likely to be swept through to take out the early and impatient buyers. It is preferred that the approach to the zone is not impulsive with a shift of structure from bearish to bullish being clear. Entry may be a...
Price accumulating below a multiyear low. currently respicting weekly and daily demand zones. My entry zone is a bit suspicious as looking on the lower Timeframe 4H, there appears to be a gap up and then a tap into the concerned zone. So in essence it wouldnt be the first time price has tapped that. But eh, optimism. entry would be 6.3 to 6.4 ish. No Idea...
Price has tapped into a monthly level and has reacted to it quite nicely. On the daily two equal lows had been taken out on the way to a demand zone. as price started to break structure upside, an untapped zone at 11rs could be a potential buy. the zone above is too risky given how much liquidity lies below it. the zone below is already tapped as price gapped up...
Refer my first trade idea for the full picture. 1.Price has broken swing highs 2. Points of Interest (POI)/Demand zones that sponsored the breaks have been marked. 3.based on how price approaches and reacts to the POI, longs can be taken. Trade Plan: On lower time frames where structure is clearly discernable, we wait for a break of market structure to the...
Price has tapped into a 1H demand following which there was a break of structure (BOS) on the lower timeframe. Demand zone on the 5m.was marked and entry is at its 50% with the SL below the low and target at some equal highs for an RR of 1:9 ish This is a risky trade idea however should it work, the rewards are high.