Price as expected respecting the extreme demand, price then gives a 15m CHoCH showing bullish intention. Price mitigates the significant supply, 15m LQ POI which has the highest probability to put in a new low but now has failed. Also, we can see demand starting to hold and bullish OF formed, we might see the price continue higher today.
Current Market Condition: Market Structure (MS) & Order Flow (OF): 4H: Bearish OF, 4H Bullish CHoCH found after descending nature, price is now in the pullback of the most recent bullish leg, the large wick to downside indicating a strong rejection to go down which gives us a confluence for Long. 1H/15m: Bullish OF, in the inner structure, price has give another...
Current Market Condition: Market Structure (MS) & Order Flow (OF): 4H: Bearish OF, price didn't put in a new 4H HH and now coming towards the 4H weak low. also the extreme demand. 15m: Bearish OF, supply chain found in the 15m inner structure, price swept upside LQ during NFP and now pushing back to downside. Price seems like having a pullback to the most recent...
Current Market Condition: Market Structure (MS) & Order Flow (OF): Daily: Bearish OF, price do give a Daily CHoCH but without follow through, the CHoCH isn't convincing enough that price wants to enter a daily pullback. 4H: Bullish OF, Price wick through the previous weak low while putting in a new 4H HH. Price is now coming back to mitigate the wick, not sure...
Current Market Condition: Market Structure (MS) & Order Flow (OF): Daily: Bearish OF, price showing strong bearish intention, no sign of pullback found since we broke the daily swing structure. 4H: Bearish OF, same no sign of bullish found yet. 15m: Bearish OF, 15m bullish CHoCH found we may see this as a sign of bullish momentum kicking in. However, as we are...
Current Market Condition: Market Structure (MS) & Order Flow (OF): 4H: Bearish OF, now we have a valid 4H BOS but price yet to give a pullback. 15m: Bearish OF with bullish CHoCH, price gives a bullish CHoCH and 15m S2D flip, a sign of pullback to the most recent bearish leg. The 15m demand zone hasn't been mitigated yet and there is an inducement right above...
Current Market Condition: Market Structure (MS) & Order Flow (OF): 4H: Bearish OF. In 4HTF, PA is descending, which indicates price is losing bearish momentum when it approaches the daily extreme demand. Also, in 4H, price didn't close below the previous swing low, therefore this low is not a confirmed LL. As we are in HTF demand zone and 4H failed to close...
Current Market Condition: Market Structure (MS) & Order Flow (OF): Daily: Bearish OF with bullish CHoCH. Major daily structure we are in bearish, however, given that we are mitigating HTF (weekly demand) from the left, and price break a minor daily structure high, we can say it's a sign of bullish momentum kicking in. The only thing is this daily CHoCH isn't...
EU - 3 December 2021 HTF Story Building Overview and conclusion will be reviewed in Part 2 description.
Current Market Condition: Market Structure (MS) & Order Flow (OF): Daily: Bearish OF, price is now tapped into a demand from the left and gives a strong rejection to downside. From the way price move back up we can tell, there is bullish momentum kicking in. 4H: Bearish OF, price pullback to the extreme supply after 4H BOS. 15m: Bearish OF, price is now moving...
Current Market Condition: Market Structure (MS) & Order Flow (OF): Weekly: Bullish OF with bearish intention, after price swept monthly structural LQ and again mitigates the monthly supply, price give a weekly demand failure. From the way price approach the supply zone, it's quite ascending, we could see price reverse from here. Daily: Bullish OF with bearish...
Current Market Condition: Market Structure (MS) & Order Flow (OF): Daily: Bearish OF, price tap into the weekly demand and now eventually starting to show some reaction from the demand, price showing some bullish momentum and now back into a daily supply. 4H: Bullish OF, price has pullback to the EQ of the most recent 4H bullish leg. Given that we are heavily...
Current Market Condition: Market Structure (MS) & Order Flow (OF): Daily: Bearish OF, price just formed a daily LL, could give a pullback in the near future. 4H: Bearish OF with bullish CHoCH, the swing structure is same with the most recent daily structure but in 4HTF, we can clearly see a 4H Bullish CHoCH. At the moment price seems like respecting the 4H low....
Current Market Condition: Market Structure (MS) & Order Flow (OF): Daily: Bearish OF, price still trending bearish, Daily LL yet to be confirm. 4H: Bearish OF, not only we have a major 4H swing break but also a minor 4H structure break. If price break the 4H minor structure high, we can use it as a 4H CHoCH could indicates a bullish intention. 1H/15m: Bearish...
Current Market Condition: Market Structure (MS) & Order Flow (OF): Daily: Bearish OF, price yet to pull back to the premium of the daily bearish leg. However, the daily low can be consider as a weak low as we have a 4H bearish CHoCH and flip. Price doesn't seems like having sufficient bullish momentum to pullback to the premium of the leg. 4H: Bearish OF, price...
Current Market Condition: Market Structure (MS) & Order Flow (OF): Daily: Bearish OF, price just broke the daily swing low but yet to pullback to the premium of the leg. 4H: Bearish OF, price pullback to the premium of the leg and tap into a 4H D2S flip zone. However, as we mentioned in our earlier mark up, there is a 4H strong demand (LQ POI) below which could...
Current Market Condition: Market Structure (MS) & Order Flow (OF): Daily: Bearish OF, bearish intention is strong, no sign of pullback found in daily TF although we are in weekly demand. As price is still pushing down with strong bearish momentum, daily LL is not confirmed. 4H: Bearish OF, price break the most recent 4H swing low but no follow through yet. Given...
Current Market Condition: Market Structure (MS) & Order Flow (OF): Daily: Bearish OF, price just broke the previous daily swing low and put in a new Daily LL. Price is now in the pullback of the bearish leg but haven't pullback to the premium yet. 4H: Bearish OF but with bullish intention, price gave a 4H CHoCH and now has pullback to our 4H POI in premium,...