Hi Traders, Solana is in the discount territory. Which means we are below a 50% of the latest up swing which is giving us nice trader probability for the patter.
📍
I have explained Premium / Discounts in this thread below
Price has created nice range which is being manipulated at this moment. In other words
market makers are loading liquidity.
📍I have explained liquidity in the thread below
📍At this stage when we are in the manipulation phase we dont know yet, if price will go up. Hence we must wait for the Order block confirmation which I explained in this thread bellow.
Once it all aligns and price switch in to the distribution phase there is a change for bullish move which is in sync with this HTF perspective.
💊 Note: this is just a probability. Win rate of this method is above 70% if you trade it with the right market context.
“Adapt what is useful, reject what is useless, and add what is specifically your own.”
David Perk aka Dave FX Hunter ⚔
📍
I have explained Premium / Discounts in this thread below
Price has created nice range which is being manipulated at this moment. In other words
market makers are loading liquidity.
📍I have explained liquidity in the thread below
📍At this stage when we are in the manipulation phase we dont know yet, if price will go up. Hence we must wait for the Order block confirmation which I explained in this thread bellow.
Once it all aligns and price switch in to the distribution phase there is a change for bullish move which is in sync with this HTF perspective.
💊 Note: this is just a probability. Win rate of this method is above 70% if you trade it with the right market context.
“Adapt what is useful, reject what is useless, and add what is specifically your own.”
David Perk aka Dave FX Hunter ⚔
Note
Order block not confirmed we got new set of down close candles Charts updated - waiting
Order cancelled
No strong close inside the range, no setup confirmed
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.