Obodo_Charles

Obodo_Charles

The daily swing high successfully broke market structure to the downside in September. After which the bears lost power to the bulls. The bulls successfully took power in October, creating series of higher highs and higher lows (4hour trendline ). With market approaching swing high, a power toggle between the bulls and bears is inevitable. Which side are you...

Obodo_Charles

Reasons for continuation of bearish macro break of structure. There are buy side liquidities below, giving market a reason to push down. What are the odds that market will make a run for them? Good to know that the market is at a strong zone. Given the quick shift in structure upon tapping the supply zone, leading to a break of structure and buy side...

Obodo_Charles

Hello Guys!!! Welcome to a new trading week. TERMS: Order block tapped(T) and order block missed(M). From March 2022 to October 2022, the market happen to be in downtrend/downward channel. What are the odds that market will continue the bearish structure? What else could possibly happen? For more clarity my 4 hour timeframe analysis will help.