HTF bearish structure = look for sells
wyckoff distribution confirmed with the 4HR BOS, looking for an entry on the retracement/mitigation of the last up candle before the BOS on the 4HR time frame.
Targeting the previous lower loew, there is also imbalances that need to be filled below.
healthy price action above the entry level and SL, so there should be no...
Entry off an OB that caused a break of structure. Targeting a OB above that was left before a big down move. Entry is within the bullish counter-trend.
Confirmations:
1) Structure: HTF and Lower Timeframe structure are bullish. Trading bias is bullish.
2) Institutional candle: Entry at the last down candle before the impulsive bullish move that caused a BOS creating a new higher high.
3) Imbalance: The institutional candle lies within imbalance, which needs to be filled before proceeding upwards.
4) Liquidity...
Confirmations:
1) Market Structure: Daily and 4HR Market Structure is bearish, so sell positions would be our trading bias.
2) There was a BOS on the immediate bullish trend on the lower time frames. This left an order block (the last buy candle before the BOS) that can be taken as an entry.
3) Liquidity lies below in the form of equal lows that can be...
Confirmations:
1) Market Structure: 4HR and Daily timeframe structure are both bearish. Look only for sells.
2) Institutional Candle: Orderblock was left above in the form of the last up candle before the BOS.
3) Liquidity: Trendline liquidity was just taken
4) Imbalance: OB lies within imbalance.
5) Fibonacci: 88.6% level is very near entry point.
