In 15mTF, price has now turned into bearish OF. Price is now in the pullback stage of the bearish leg, demand having the control atm, we could see price go up to the 15m D2S that sitting right above the LQ and continue bearish from here. Wait for confirmation to get into a short if we see SOW after price take out the LQ and mitigates the supply. In terms of...
Price respect the most recent 4H supply by giving a 15m bearish CHoCH, we can see now supply is having the control, price is pushing towards the 4H demand below. There is a chance that price could use the demand below to form a pullback. If it does, then it might pullback up to take out the upside LQ. Therefore, we might wait for a 15m/5m Bullish CHoCH to confirm...
Price could either now take out the 15m EQH and mitigates the 15m D2S above or to continue lower from this 5m LQ POI.
Price is now mitigating 4H major supply, we can see price take out 15m structural LQ and give a 15m bearish CHoCH, price could respect the extreme supply while taking out upside LQ formed recently and continue lower as we have a 4H BOS but yet to get a decent pullback. This could be the initiation of pullback of 4H bullish leg.
Now price could either respect the 15m major bearish OF by coming back up and mitigate this 15m major supply while grabbing the upside LQ before continuing down. Or price could just respect the 5m S2D that comes after the LQD from the left and continue putting in a new 15m inner structure HH.
Price as expect moving higher after mitigating the 15m S2D and given a 15m bullish CHoCH (yesterday mark up). We can see price is now moving in bullish OF. Price could mitigates one of the demand below and continue higher.
Price atm is respecting the 15m D2S after price mitigates and respect the 15m Decisional supply from the left. We get another 15m bearish CHoCH after mitigating the supply which shows me enough evidence for bearish intention. I'm favoring Short now and probably will be targeting the weak low.
Finally the reaction to 4H LQ POI has come, price give a 15m bullish CHoCH after it shows respect to the extreme of 4H demand, and bullish momentum follow through. Supply at the moment has taken back the control, it could just be a pullback to the recent bullish leg, if we get another 15m bullish CHoCH from here, it's a signal for Long opportunity, else follow the...
Current Market Condition: Market Structure (MS) & Order Flow (OF): Daily: Bearish OF with sideway ranging, price reach to the weekly demand zone and now moving side way. 4H: Ranging or expansion stage, the most recent PA showing an immediate retrace right after swept of structural LQ to both side. Although we have a 4H bullish CHoCH and a mBOS to upside but this...
HTF develop as expected, after monthly liquidation, price again respect the monthly supply and showing some bearish intention. In weekly TF, we mentioned there is a FR happened (D2S Flip) although we are still in bullish OF. The flip was the first sign of weaknesses and now price respecting the weekly D2S, showing a bearish intention. From 4H view, we can see...
Price failed to close above the previous minor high after daily CHoCH which might indicates a weak low. In 4HTF we can see there is a 4H strong demand (LQ POI) where I expected price to give some reaction. In 15mTF, supply is now having the control. At the moment, we haven't get any reaction from the demand yet, let see how London deliver the price.
Supply has now taken back the control. Price pullback to the premium of the leg and swept LQ from the left and immediately push to the downside. Unless there is bullish intention showing after price mitigates the 4H major demand below, else I will be favoring Short until price put in a new Daily LL.
Current Market Condition: Market Structure (MS) & Order Flow (OF): 4H: Bullish OF, previously price didn't give a decent pullback to the EQ of the leg, showing the bullish momentum is overwhelming. Price now give another 4H BOS to upside, I expect a pullback to happen in the near future 15m: Bullish OF with bearish CHoCH. Price give a 15m bearish CHoCH after the...
Current Market Condition: Market Structure (MS) & Order Flow (OF): Daily: Bearish OF, price is now in the pullback stage of the daily bearish leg. 4H trend change into bullish OF is the best evidence of beginning of the daily pullback. 4H: Bullish OF, price barely pullback to the EQ of the 4H bullish leg. However, rice give a second try to go lower but failed,...
Current Market Condition: Market Structure (MS) & Order Flow (OF): Daily: Bullish OF but with strong bearish momentum, price is now retracing after slightly taking out the previous swing low. 4H: Bullish OF, price give a 4H bearish CHoCH right after it gives a BOS to upside, we may assume that price is now in the pullback of the 4H bullish leg. 1H/15m: Bearish...
Current Market Condition: Market Structure (MS) & Order Flow (OF): Daily: Bearish OF, price is now in the pullback of daily bearish leg. 4H: Bullish OF, we are now in the pullback of this 4H bullish leg. 15m: 15m switched from bullish into bearish OF. Price is now entered the pullback stage of 4H bullish leg, expect price to at least pullback to the EQ of the 4H...
Current Market Condition: Market Structure (MS) & Order Flow (OF): Daily: Bearish OF, price is showing indecisive intention, daily CHoCH found but bullish momentum is showing difficulty to follow through. 4H: Bearish OF with strong rejection to downside. Price failed to close below the previous swing low and gives multiple wicks to downside, showing a strong...
Current Market Condition: Market Structure (MS) & Order Flow (OF): Daily: Bullish OF with strong bearish momentum, price slightly take out the previous daily swing low but didn't close below the low. A 100% retracement is indicating a bearish intention. 4H: Bullish OF, price recently break 4H major swing structure high and now is in the pullback stage. 1H/15m:...