I'm using Multi Time Frame Analysis and now all my time Frames are confluence with one another.
M15 recently created another low and we identify the premium zone by using a fib.
H1 Key level was now broken and I expect it to go to the previous Key Level.
Found an opportunity to short on M15 POI.
Let's watch the movement of the market from here.
Not a financial advise.
After waiting for some quite time, finally M15 structure has been finally broken expecting the price to go back to H1 Key Level.
However, I think it will not touch the H1 Key Level since there is a POI forming near that level so I think it will go to that area before it went up again.
Hey traders,
I'll be starting to post my analysis this will be like my journal and I want to see if my analysis is getting right and record it.
I'm using multiple time frame analysis and in the 4H Time Frame, we're still on the up trend however in H1 is now down so I believe we will create another low since it hit the POI zone.
My entry is on the M5 time frame...
In this theory I'm using Key Level Strategy and SMC. In M5 it created a BOS. I found an imbalance and marked it as my POI. I tried to entry and maybe price will go back to M15 supply zone. Right after that if the M15 will have a breakout I'm planning to sell on the POI on H1.