bukharikhawer

bukharikhawer Updated 

According to the Volume price analysis, price shifts more than volume its mean buyers are more interested to buy at low so in the absent of buyers price is moving faster to the low side even with the low volume. Now I like to see long position in this week, once it will grab all the buying limit orders from the bottom.

bukharikhawer Updated 

The last buying push is failing due to absorption and then in the absent of buyers price is moving downward with a very low volume. This week I like to see buyer will be active and start participating because price is moving faster to grab all the liquidity which is buying limit orders. I will update you tomorrow that what's going on we are getting long side...

bukharikhawer Updated 

As you see price is testing the lows with a very low volume that means its a purge. Now I like to see this weekend for long position. On Monday selling orders are going to absorb and then I go for long position on Tuesday or Wednesday once my setup is complete. Stay tunned, I will update you the position.

bukharikhawer Updated 

Leaving a massive liquidity in the bottom is too scary to go long. So finally market take the previous re-distribution liquidity with very low volume that is suspicious. And now I like to see price is backing down to this liquidity and then we go for long safely. Right Now we must look for a Spring and then make a short position until it grabs all the buying...

bukharikhawer

I have 2 chance to go up side but missed one chance due to my absent. The last chance I got and make 1:6 Ratio safe trade towards 1 Day liquidity. Now Structure seems to be a distribution setup to go down and grab all the liquidity left behind. There is an opportunity to go short until it takes necessary liquidity to go upside.

bukharikhawer Updated 

It has a smooth liquidity on redistribution side and volume is raising time by time. If the price is stay in this area in next 4-5 hours then probably tomorrow we will see for long position not short.

bukharikhawer Updated 

While on a higher timeframe (1 Day) is not clear is it re-accumulation/ distribution phase. So far now there seems to be strong hands are absent or they are not interested so the retail traders are more interesting to sell. Maybe grabbing the liquidity of already buyers makes some interest to strong hands. So far now there is no clear picture of the market direction.

bukharikhawer

FTM on a higher timeframe it is in accumulation phase. Market is in process of loading their orders to long on a 1 Day time frame. But now there is short entry on 1 hour time frame where price end his disruption phase and going to the cycle of 1 day Accumulation phase.

bukharikhawer

SNX on 1 Day timeframe in Accumulation process and in order to catch the low price this is an opportunity. Today at 1 hour timeframe a clear distribution phase is loaded now and to complete the 1 Day Accumulation phase so now we have an entry chance over the distribution phase of 1 hour. Short Entry towards higher timeframe cycle.