TRaDeTaCuLaR

TRaDeTaCuLaR

I believe the bull run is over for now until we rebalance the timeframes

TRaDeTaCuLaR

I am expecting to see price come back into balance and fill the imbalance & FVG. (IFVG on the M15 & also FVG on H1 for confluence. This is also an area of confluence at .88 where price loves to retrace too. This will be our golden zone bc it will also fill the candle imbalance simultaneously and match up with the higher timeframes.

TRaDeTaCuLaR

Equal highs have be taken out so we should be seeing GU bearish for a few weeks to the next important Bullish unmitigated OB. We will at least looking to take out the equal lows. We can look for short set ups throughout the next few weeks on intraday timeframes.

TRaDeTaCuLaR

I believe this may just be an induced high or you can call it a buy trap as well if you're a breakout trader. We are in the top of supply on the daily/4hr TF

TRaDeTaCuLaR

Just like GU we have tapped into a key area of supply. They have good confluence with each other right now. 1:5 R:R with this set up

TRaDeTaCuLaR

We are tapping into a key area of supply that has not been mitigated. This is a 1:16 R:R with set up. We have a lot of liquidity right in between here which means we should see a liquidity sweep. down.

TRaDeTaCuLaR

Since I am long on EU this should work out great. We have had a BOS on the 3m TF and have already tapped into the 3m supply. We have a 1:4 R:R with this set up

TRaDeTaCuLaR

Just like EU GU is also about to bounce up like a pogo stick to about the 1.193 area. Refer to my EU post for a specific R:R set up

TRaDeTaCuLaR

Refer to my last post for the 3 confluences but I changed the R:R to 1:8.5 bc we need to fill the imbalance in the large bearish candle. That gives us a 4th confluence to take a long set up here.

TRaDeTaCuLaR

We are in a strong demand area and we are also right at a strong area for the volume profile on the daily TF (red dashed lines) Those are two very strong confluences to take this set up. The candles are also starting to sheink giving us more confluence for a long set up. Here I am taking a 1:6 R:R

TRaDeTaCuLaR

I have back tested 1000s of hours and have found a unique ChoCh type strategy. We will see how it plays out here with a 1:5 R:R.

TRaDeTaCuLaR

Look for price to mitigate the order block have highlighted. If you do want to set a sell limit you can also go down to a smaller TF to find a CHoCH and enter off the new supply zone. This will keep the entry super tight with a high R:R

TRaDeTaCuLaR

Structure has started to change so I will have sell limit orders set as you see them. I see GJ being bearish early in the week to mitigate at least one of the unmitigated supply zones. They both have high R:R set up. 1:8 & 1:14 R:R. Risk management is key.

TRaDeTaCuLaR

15m structure has been broken and we have had a CHoCH. I will me looking for price to mitigate the order block marked in gray for a 1:6 R:R

TRaDeTaCuLaR

GJ had formed a descending triangle on the 30m TF. Price may break out from the triangle as it normally would in the pattern and reverse from our supply zone.

TRaDeTaCuLaR

Going down to a smaller TF to look at an entry short here. We are at a 4hr unmitigated supply zone

TRaDeTaCuLaR

I'd like to see price come back into the supply area for a possible sell opportunity

TRaDeTaCuLaR

We had a change of structure. I'm taking a buy set up from the lower demand zone. This set up is a 1:5 R:R