OMNI buy/long setup (4H)Considering the interaction with a major liquidity pool level, the formation of an mCH (internal structural shift), and the break of two trigger lines (major and minor), a buy setup can be established for OMNI.
We have two ENTRY levels, and if the price reaches these lines for order collection, we will enter buy/long positions.
There are two supply zones, with the main target being the upper supply zone.
Touching the invalidation level will invalidate this analysis. Waiting for a 4-hour candle close below this level is not required, as this is a scalping position.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
OMNIUSD
OMNI ANALYSISOMNI seems to have entered a major correction.
We now seem to be in wave C, which is itself a complex pattern similar to the diametric.
We expect a downward price rejection from the Flip range.
The targets are clear on the chart.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Omni impulse compete? If you find this information inspiring/helpful, please consider a boost and follow!
With the nice-looking impulse.
First!
Watching for the clues, it has completed.
It could be rolling still, a break of the inducement area would be a nice clue it has completed. Then would be watching the retrace to the GZ.
OMNI directional interest. Elliott Wave If you find this information inspiring/helpful, please consider a boost and follow!
Looking for these paths to play out for clarity to play off of.
Possible Elliott wave triangle here.
A break down and reclaim is a nice conservative move I am looking to play.
A break up impulsively, I would be watching for a retrace to play high.
The target for the triangle may vary. So agian, waiting for the price action to print down and signs of reversal.