Okay. Here's another one:
This is the Weekly Chart of EUR/USD. This is a little to the left of the Chart. This Chart was annotated earlier this Week. It's looking like the low of the Premium-Discount leg of price action prior to this sell-off leg we are currently experiencing going into the new year.
The goal is to bring attention to sensitive points from the...
Okay, here's the narrative. By the way Happy New Year in advance folks.
We did a lot of algebra in school so this going to be a plot twist: If today's Tuesday and last week's Friday Candle wick high & low have been taken out in both directions, which means holding a trade last week would have meant a probability of being taken out.
And the high of the week is...
The Week Open with a wick through the previous weeks Thursday's wick high obscured by Friday's candle.
There is liquidity everywhere represented by the thick trend lines. Candles have been breaking upwards in the fashion of a power of three.
It's a narrative. Price will definitely gravitate towards Liquidity points (These are nimble instances to trade according...
Sell-Side FVG could mean we might go down to reach the lower. The week started off with a subtle nudge of last week's low on Friday, this could mean we keep breaking higher on the subsequent day candle's high. The numbers marked are hotspot joint that might be expected for candle reactions or liquidity spots. It might well be sell-side or buy-side. This is a...
The New Trading Day opens bullish hoping to reach for Wednesday's Post-Frankfurt Session Low.
These idea banks of factoring in a repeating Market session cycle for new trading days that ALMOST REPEATS EVERY TRADING WEEK.
Tuesday's High peaked around Post New York/London overlap which is usually when pricing algorithm are dormant and the algorithmic spooling is meek.
Price action resumed on Wednesday Post Frankfurt to take out Tuesday's Post-New York Session high before gunning for Monday's Post Frankfurt Session Low or Pre New York Session Low.
Time and Price is play, a worthy...
The previous trading week saw lows (Post Asian Session) left untapped (Liquidity), price matrix will tend to gravitate to old lows of old trading sessions during the new week. The NWOG (New Week Opening Gap) is another critical factor in this whole set-up, we might see a run on these low going into the new trading week
