On the h4 the prices is at a higher low and formation of divergences twice at the 15 min chart the prices will shoot to the upside if the higher low is not broken
On the h4 the prices is at a higher low and formation of divergences twice at the 15 min chart the prices will shoot to the upside if the higher low is not broken
from the previous week the structure are broken to the downside and it may reach the main support just waiting
The candlesticks or bars that mark the origin of a strong downtrend are called the supply zone or distribution zone.
Medium risk if you just set pending order with proper lot size & set sl/tp.. it also can be Superb Low risk if you wait price action in that area, wait candlestick close, make sure no breakout,wait another confirmation on lower timeframe (AO,QM,DOMINAN,ENGULF) when price reach in that area, then enter proper lot size & set sl/tp
Main trend direction downward on daily bullish on minor timeframe ( counter trend)
a market that is neither bullish nor bearish. In other words, it is insensitive to the direction of the market's price. ... Neutral market trading strategies enable investors to make money when an underlying security does not move in price or stays within a tight range of prices
imbalance form when there was a sell off the market must re-correct the imbalance by balancing it
its clear there are aggressive movement to the downside leaving imbalance therefore next week the imbalance will be balanced and liquidity grab to continue with sell pressure
ob is Order block is a trading block that submits a buy or sell order to an exchange. The Block Properties panel for the block lets you specify all of the order details. Depending on the order type selected, you specify a varying set of inputs.
the market from a new high after the previous high failed to form a new high and resulted to equal highs entry requirements are a pin-bar rejection or bearish candlestick pattern confirmation after the re-test
the price re-test previous demand zone we expect a bullish pressure