Important demand zone above on the 30m chart. If the 3h swing holds at this level, there’s potential for a deeper pullback towards the 3h swing low. Keeping a lookout on the 5m for immediate direction
The 3h is currently bullish, the recent BOS suggests that I can expect the 30m to flip bearish to facilitate the 3h swing pullback. On the other hand, the internal bullish flip on the 5m chart after mitigating the 30m demand zone gives a high probability of price taking out the weak 30m swing high. We'll continue with the bullish structure until the 30m flips...
The 5m internal structure is bearish, aligning with the 30m swing structure. Need to keep in mind that the 3h structure is still bullish. I’ll be watching closely to see how the price reacts as the weak 30m low is approached. I'm somewhat cautious about shorts, but price could be seeking a deeper pullback into the 3h demand zone below.
The 30m swing remains bullish, I'm looking for an internal bearish flip to facilitate a pullback into the demand zone below. The 3h structure is still bearish. Waiting for the 30m swing to align after mitigation of the supply zone above.
The 3h structure is bearish, looking for a reaction near the supply zone above to see if price rejects this area or continues pushing higher. Waiting for the 30m to align with the 3h - the objective is to react, not trying to predict. I’m expecting a bearish internal flip on the 5m facilitate the 30m swing pullback ideally into the demand zone below.
I’m not expecting much more downside on the 3h, the demand zone in the discount has already been mitigated. I'm looking for the weak high to get taken, use the LTF for guidance. On the 5m chart, the internal structure flipped bullish, I’m anticipating a push over the 30m swing high to follow the 3h structure. If the internal flips back to bearish, the short-term...
The 3m swing remains bullish. I’m watching for the swing structure to flip bearish, which would allow me to target the weak 15m swing low. The internal structure of the 3m flipped bearish to facilitate the swing pullback. Entered short and closed the trade after the internal structure flipped bullish, locking in a +11% gain. Also opened a similar trade to the...
The 3m swing remains bullish, the internal structure previously flipped bearish to facilitate a 3m pullback. I took a short in the newly formed supply zone and closed after the internal flipped back bullish, securing a +11 pip trade. Looking for another bearish internal flip to enter short again.
The 15m swing remains bearish while the 3m swing is bullish, facilitating the 15m swing pullback. I’m currently waiting for the 3m swing to flip bearish within the supply zone for a continuation of the 15m bearish structure. On the 3m chart, the internal structure flipped bearish to facilitate the 3m pullback. I took a short in the newly formed supply zone.
The internal structure of the 3m is bearish, I’d like to see a bullish flip to confirm an upward move. The 3m could flip bearish again at any point, which would continue to align with the overall 15m bearish structure. Keeping an eye on price action for that confirmation before making any decisions. The 15m shows that we are in a pullback phase. I’m watching for...
Currently in the discount of the 3m swing, waiting to see if the 3m swing flips bullish for a deeper 15m swing pullback. There was a momentary bullish flip, but the pullback wasn’t deep enough for my liking. I’m still looking for more upside movement.
The 3m structure has flipped bearish, which is now aligning with the overall 15m bearish structure. With that being said, there’s still quite a bit of room to the upside with some important supply zones, so I’m not looking for any short trades just yet. I’d like to wait for a better shorting opportunity higher up in the discount zone.
The bearish swing structure was fulfilled on the 15m, closed my trade in profit with a +91 pip gain. I’m expecting the 3m swing to flip bullish to facilitate the 15m swing pullback after the recent BOS.
Pulled back nicely to my expected target, allowing me to close a trade at around +130%. I’ll be watching for the 3m swing to flip bearish in the discount area of the 15m swing.
The 3m swing flipped bearish after mitigating the 15m supply zone. Took a mid-confidence trade at the newly formed supply zone, targeting the low
On the 15m, the pullback retraced past the yellow line as I previously noted. The next step is to wait for the 3m swing to flip bearish for a continuation of the 15m bearish swing structure. The 3m swing is currently bullish, but it could flip bearish at any time continuing the 15m swing structure.
The internal structure on the 3m flipped bullish, which is now facilitating a pullback for the 3m swing. Ideally, I’d like to see a push up to close above the 3m swing high, which would align with the broader structure of the 15m swing. I’ll be paying attention to how price reacts when it gets to the supply zone above.
The 15m swing is bearish, and as expected the 3m swing flipped bullish to facilitate the 15m pullback. I’m waiting for the pullback to reach at least the marked yellow line, and I’ll be looking for shorts in the discount area above after mitigating supply. On the 3m chart, the internal structure is bearish, so I’ll wait for a bullish flip in the discount before...