bullish structure within range, current swing leg pausing for more orderflow, momentum potentially holding on . Crowd psychology and market sentiment is considered with my discretionary trading. Price's tight ranging and happy atm, l'll monitor how,if, and when price pulls back lower in and around levels of interest. Neutral views anything can happen, entered...
buyer strength starting to fade, thin orderflow within candles bars are telling the story, higher time framr picture sets the stage,albeit could stall here or react!? . if l get short l'd need good clear PA and its retest to show whales are here. before l join in.
Price dynamics and structure shows buyers are clear and within area on bigger picture. W1 & mn demand zone currently triggering although potential for last leg down but prices within risk reward ratio. Will monitor over coming weeks albeit some long already. Yearly and monthly close would help for more clues too. Target area $15 + depending how price arrives to level.
prices back into demand zone, HTF and LTF stacked demands. Both charts have same price structure though WBC is clearest. l'm tending towards buy side although no final confirmation PA yet so standing by. fomo sellers/ stoplosses are triggering , l'm looking for discount buys down here while worlds selling and running for the hills.
understand logic behind price !, as PA traders we look for price structure, price dynamics , not any patterns. Price's ranging meaning its balanced between equal buyers and sellers think about that for a bit. learn the basics well.
Prices building chart structure and internal price behavior says buying internally atm but will it hold , finding chart from d1 looking clearest, could fine tune entry on lower times frames if price action confirms big boys are keen next week , markets are in oversold conditions - caution as its potential CT trade meaning we need extra PA and confluence...
late fomos were enticed above while those exhausted longs above have now been burned in the furnace, resulting in a healthy deep pullback into area of interest, bounce occurred, now it's time to see if retest has bullish tone and if it still presents discount prices?! long if and when PA presents itself if not scrape it!
Clear PA and chart structure pointing a buy signal - top down analysis yearly chart shows prior bar inside bullish pinbar - monthly and weekly showing clear candle formations, if price wanted to breach lower it already would've. Risk off phase, my unconventional meaning not market lingo. atm stalling price low at retest levels while LTFs showing buying...
Monthly is clearest for me for chart structure and price action, over coming month/s careful of psych 20 cent level to clear, my limit order LONG set at .1730's .internal big buyers won't want price lower as their to getting into red. Price could get its wriggle on afterwards to upside if right price action and structure occurs , anything could happen, lets...
accumulation phase down here potentially, stacked monthly demand zones in and around 80 level. price stalling here great sign candlestick bars are singing,psychology of masses shows fearful sellers as price illusion of bear shows falling of a cliff, internal price action shows other wise, no PA yet for entry but deeper pullback is needed, lets get deeper into...
- Price's been building over last few days 'meat grinding' participants, markets accumulation phase. entering last day of month so shiz could get real as big boys have deep pocket we simply just ride their coat tails nothing more or less . masses are blind sighted by its location atm, where as internally sellers are strengthening within showing PA too. daily...
chart structure shows suppliers potentially cleared at current area, stalling price here is even form of price action . long still from leg up on retest of HTF demand zone , waiting for more price action for potential buying opportunity, price might not even pullback as there's plenty to order-flow entering within minor consolidation. but never long at blindly...
Overall internal h4 chart buyers within, pullbacks weakening, lows being made but with real conviction,or as yet. chart structure: is clear with big boys overall bigger picture intentions but price needs to move higher before drops, time has to play out before hand , how else can they fade billions of dollars without spooking participants and whipping...
HTF- Higher Time Frame, analysis showing overall buyers are still potentially within price, structure internally show this also and still should continue on over the week but l'm a tight ahole l need better price pullback, discount. l don't have price action confirming buyer more data please, no trade yet but structure is building.. Patience is key trading...
Top down analysis starting to show clear price structure is building ATM ,that buyer momentum is weakening and slowing down and HTF profit targets are being made . LTF's showing Path of least resistance is down, demands being cleared/ spiked . Waiting for more price action on LTF's before entering, let the chart tell me what's going on, have no expectations ...
looking for bullish price action at retest of demand zone. $40 level is good reaction price structure shows potential.