ALsalam 3alikom, I hope you are fine!
Study the RIYADH CABLES GROUP graph, which depicts Hourly for this line. When initially looking at the chart, you should be able to immediately identify broad details, minor details and minute details.
The minor details in this chart are also quite easy to identify, which is lines respect 0.705 % OTE Fibonacci. The minute details are those points in the graph where respect the Breaker Block (BB), increasing by many Fair Value Gap (FVG) and kick the old (BB) in the end also describe the Bearish Cup and Handle.
On overall, I have many reason to entry now, which is :
LQ or $ - Liquidity grab :
Liquidity simply means money or huge opposite orders to be filled to fuel the movement of the market institutions.
OTE - Optimal Trade Entry :
It is when you are looking for a Retracement which is a technical term used to identify a minor pullback or change in the direction of a financial instrument, such as a stock or index
FVG - Fair Value Gap :
are powerful tools traders use to identify market imbalances and inefficiencies.
BB - Breaker Block :
is the lowest closed candle in the recent swing low before a bearish run.
Study the RIYADH CABLES GROUP graph, which depicts Hourly for this line. When initially looking at the chart, you should be able to immediately identify broad details, minor details and minute details.
The minor details in this chart are also quite easy to identify, which is lines respect 0.705 % OTE Fibonacci. The minute details are those points in the graph where respect the Breaker Block (BB), increasing by many Fair Value Gap (FVG) and kick the old (BB) in the end also describe the Bearish Cup and Handle.
On overall, I have many reason to entry now, which is :
LQ or $ - Liquidity grab :
Liquidity simply means money or huge opposite orders to be filled to fuel the movement of the market institutions.
OTE - Optimal Trade Entry :
It is when you are looking for a Retracement which is a technical term used to identify a minor pullback or change in the direction of a financial instrument, such as a stock or index
FVG - Fair Value Gap :
are powerful tools traders use to identify market imbalances and inefficiencies.
BB - Breaker Block :
is the lowest closed candle in the recent swing low before a bearish run.