disciple1912

disciple1912 Updated 

Price is forming a large Wyckoff and the goal is to identify a point where price will simply sell onward. So we are currently in phase of D of the current Wyckoff where price is looking to complete a break and retest. What I’ll be looking for is meaningful candle formations that show the price is rejecting upward moemtum and looking to come down lower. One of the...

disciple1912 Updated 

This week was potentially the market getting ready for a large scale reversal across multiple assets. In correlation gold looks ready to come to lower numbers so expect that as well. So here we have the formation of Wyckoff where we have a clear selling climax, and the labeled A.R. Is debatable. However we more importantly can identify a clear range with their...

disciple1912 Updated 

As we enter the asian session we might be able to get some ranging action in this area, hopefully enough to tap us into this long wyckoff schematic. We are in the final phase of the schematic which generally ends in lspy retests. We are in phase D of the schematic so we can hope for a pull back to once again crossover the last high which had given us the sign of...

disciple1912 Updated 

Price is creating a large Wyckoff and price has already gone through and swept the lows, cleaning the liquidity below the lows. Price is struggling to maintain any strength to push above the 0.90000 quarter point and this is concerning for the the push above to higher areas. As a result we can enter at the retest if price gains strength to break above. Or we can...

disciple1912

This is likely to occur as price has return to 4hr OB. It's likely to continue the sell off seen on Friday close of sick market. Wycoff break identified in 4hr and after the break of the support in the 4hr price return to our Area of Interest, which is the 4hr OB. As such, I dived down to a lower tf to identify another Wycoff with the 4hr OB that might indicate...

disciple1912 Updated 

same play as last time. Price is creating a Wyckoff schematic. I look for confluences within the schematic to indicate possible direction. Personally a creek followed by a impulsve move usually indicates the intended direction, also if you can identify the sign of strength (SOS), then it helps to identify where the support is and if price truly crossed over that...

disciple1912

Price is reacting to Hourly unmitigated orderblock. This aoi of interest formed a schematic in which liquidity was swept and then strength to break the resistance ensued thereafter. After a retest we see that the break of the resistance leaves behind a sign of strength. So we can expect for price to attempt to push higher to at least the origin of the trend. So...

disciple1912 Updated 

Price is creating a Wyckoff schematic. I look for confluences within the schematic to indicate possible direction. Personally a creek followed by a impulsve move usually indicates the intended direction, also if you can identify the sign of strength (SOS), then it helps to identify where the support is and if price truly crossed over that support. If after a sos a...

disciple1912 Updated 

Price looks set to take off. Long likely due to price taking the previous high by a few pips. Price has been in multiple retests and is within a greater wyckoff schematic. Price is likely to break to greater heights, higher even the indicated tps. Price will be looking to reach a supply area. SL is a little tighter than I normally would place for this move. There...

disciple1912

Price will most likely push up to the OB. We already have a schematic formed in the 5 minute so now we can expect some momentum to push prices to where the OB sits at the supply. This is a likely scenario to unfold as price takes some recent highs within the 5 min range. We can expect price tp push higher before it resumes the original bearish idea.

disciple1912 Updated 

Price has swept liquidity to the left, and so what we see thus far is price creating a Wycoff schematic in the 5 minute range, but also in the current 30 minute tf. We can see an orderblock within an orderblock (green and red box), these are multiple confluences that institutional orders, that institutional moves are at play. The liquidity sweep occurred, and...

disciple1912 Updated 

Awaiting a pullback. Price has finally pushed lower than the diverged area and so price is likely to continue to push down to find a demand. A pullback to the fair value gap area is likely, but it's likely that price will push higher to mitigate an institutional imbalance within the larger orderblock. Awaiting for more confluence once price reaches area of fvg to...

disciple1912

Daily OB. Price showing potential to go short with the transfer of liquidity lows, as well as the daily ob showing repeated HL'S and rejecton patterns. Price currently in retest leg. Current 4hr ob rej does show a slight possibility for the potential to maybe climb higher, thus a bigger sl is intended to mitigate that possibility.

disciple1912 Updated 

BREAK OF ZONE JUST BEFORE CONSOLIDATION, LOOKING FOR FULL 1/4 STRENGHTH OF TREND FOR TP

disciple1912 Updated 

Looking for a possible long on this one, price pulled back enough that it looks like it might reverse but then continued LONG, it's most likely a retracement. 76.4 retracement, price looks good for a long opportunity right now. Market finally looking like it's settled as well with NASDAQ looking a little more bullish then at the start of last week and yesterday....

disciple1912

Waiting for retracement on this stock. Although I don't see a lot of room for a potential retracement because of the order block to the left. However the large bullish candle - biggest bullish candle for a while, indicates a lot of upward potential. It's possible the retracement already occurred, it's not clear so as a result. If entering then I might risk less...

disciple1912

Price is a trend and from my view has been in a long period of consolidation, and price broke above the daily resistance (red), but I don't see a channel so much; however i can't ignore that it may be a trending channel. After the period of consolidation there appears to be a second but smaller period of consolidation within the daily zone. It indicates that...

disciple1912

Zones are color coded according to the timeframe from which they were annotated. I'm seeing rejections/resistance to the daily zone, which led to a break in upward trend. I would also call it a period of consolidation rather than a triple top with a downward breakout from the consolidation. Next phase I expect some expansion type of movement with a retest, I see...