this is textbook to me, price is obviously bullish on a 4hr, its currently correcting to a key zone, when the price taps the key zone, we will be waiting for a buy setup confirmation to take a long position to the next key zone.
price is still in correction, we are waiting for the proce to tap the demand zone, and wait for our confirmation as per our rules of entry.
3 reasons to wait for a buy opportunity: 1. direction is bullish 2. break and retest, price broke structure, is now correcting 3. Trendline aligning with 61.8 fib retracement level, going for a 3rd touch on the trendline. if the price does not provide a bullish entry confirmation but instead breaks below, then this is Friday fake-out!!! that's why we wait for a...
waiting for the price to touch the trendline, in confluence with a liquidity pool, market structure and
strategy 1: Trendline Break, waiting for a retest. strategy 2: Smart Money Concepts, waiting to correct to an imbalance strategy 3: Fibonacci, waiting for a correction to premium zone strategy 4: supply and demand all these 4 strategies are alligned to me!
waiting for the correction to end so we can take a long setup....
we are waiting for the price to correct to price level 1.3380, and wait for price action to confirm a buy setup on smaller timeframes...
CHOCH to the upside, waiting for the price to tap the demand zone for a buy setup confirmation
0.618 Fib Retracement level sweet spot, waiting for the price to tap 0.618 retracement level demand zone, then we'll pull the trigger when we get a buy setup confirmation on smaller timeframe.
Bullish structure on a 4H TF, Structure broken to the upside, price is correcting right now, we waiting for the price to tap the demand zone, then we'll wait for a buy setup confirmation on smaller timeframes..... the plan is to ride it all the way up to the next Supply Zone.
Equal highs, Change of Character, price currently correcting, when we tap the supply zone, we'll wait for a sell setup confirmation, if we get the confirmation, we pull the trigger!!!
we wait for the price to tap the demand zone, then wait for a buy confirmation, then we pull the trigger!!!
I Hope for a one more tap on the supply zone, if this happens, when we get a sell setup confirmation, we'll pull the trigger!!!
we are waiting for the price to tap the supply area, then we'll waiting for a sell setup confirmation according to our rules, targeting the demand zone, then we are going to wait for a buy setup confirmation on the demand zone, to swing it all the way up!!!!
We wait for correction to around 0.61708 zone, then we'll be waiting for a buy setup in that area, bullish structure at play.
the price printed an unconfirmed double bottom, now it's about to go take out all the stops by going to test the order block on the stop loss zone, we'll be waiting for a buy setup below the two equal lows.
Awaiting for a sell setup confirmation when the price taps the resistance that used to support....
we'll be taking a short term sell, then a mid term buy, then a long term sell, the final target should happen in the first week of May 2023