Observe the importance of time in the market as it relates to monthly market moves coupled with dates of the month. Mid-Month as well as end of month are likely to be a reversal condition in the market. Last week of the month is normally a buy expansion model and first week of the month, the market is likely to retrace into a HTF POI before rallying. HTF bias...
A market structure shift (MSS/CHOCH) was created on Ustech 100 CFD. The market created a displacement lower leaving a bearsh Order Block. We traded through the Order Block on the bullish leg tapping into buy side liquidity and taking out stops at 15814.00 level. The market reversed through our order block creating a bearish breaker and a potential H&S structure...
For this trade, we tapped into a PD array which was a daily Fair Value Gap. We were on a deep discounted area on the bearish leg for an Optiomal Trade Entry. Price ran down internal range liquidity after equities open, touching on the midpoint of our key level based on the Nasdaq 250 point move with reference to Institutional Levels reference point giving us an...