Hanzdre
Probably one of the fastest take profit Have encountered. 1:6 RR. I spotted a 2HR supply area waited for price to touch that area and create bullish structure. In the 5 minute TF I saw a clear break of structure and used the last green candle as an ORDER BLOCK which touched my entry at 100% of fib level. It may look like i did not enter that trade but in my phone...
This is a TA revamped on TRX as of 10/18/2021. I redefined the market structure and saw it from a different perspective which allowed me to identify areas of supply and demand clearer
We had a sharp decline followed by a curve range, formed some imbalance after tapping into the 30 MIN demand I discovered a bullish structure forming in the 1 MIN TF. As of now I am waiting for a retest at entry/ 1 MIN OB. Expand the chart to see clearer 1 MIN OB.
We have been in a range and broke structure both up and down persisting to stay in the range. Further, we could identify a Wycoff distribution play potentially hitting our 2HR DEMAND. Additionally, there are some imbalances left near that region which compiles to our confirmation of a bearish or Wycoff distribution play. The UT and UTAD portion are still unclear...
Potential trade for ETH. Showing bearish structure forming inside the Daily Supply region by a BOS entering at the 2HR POI, possible short position? Possible entry at 75% or 50% of the Order block through the utilization of Fibonacci place stop-loss - 25% fib level or just above the POI/OB
Firstly, I discovered a 2HR Supply after the large fail impulse up out of the range followed by a strong reversal. Afterwards, I have identified in which current structure I am at, which is inside a range near the area of 2HR Supply. As it touched the 2HR supply I was hoping to spot a bearish structure forming through BOS showing bearish momentum in the 5 MIN TF....
Firstly, I discovered a 2HR Supply after the large fail impulse up out of the range followed by a strong reversal. Afterwards, I have identified in which current structure I am at, which is inside a range near the area of 2HR Supply. As it touched the 2HR supply I was hoping to spot a bearish structure forming through BOS showing bearish momentum in the 5 MIN TF....