Mentfx
GA to the moonIt shocks me how people will see a chart like this ob the daily...look you in the eye and say its bearish sell....guys GA and EA are going to the moon. I've been waiting for this move. Ever since this SND zone was retested on the daily (giving institutions great price to continue long), I've been getting in buys that have been working beautifully. It's been undergoing reaccumulation on lower timeframes (2-4hr). Long retracements that are still happening (Shout out to mentfx) - to build up for a big move up. Either way, I think soon it will fly out and continue to crazy highs, shocking people that try to sell this market. I don't like sayin numbers. The bank will decide but the sky is the limit.
P.S. check out this beautiful fractal confluence. The reversal on the 2hr chart looks similar to the reversal on the weekly if you look at this section looool. Can we predict the next year based off this 2hr chart? JKJK but who knows. Damn the chart is beautiful y'all.
EJ and GJ to the moonA lot of people think that EJ and GJ are going to drop soon. I was in that boat some time ago but then it clicked...why would that happen... Its on a clearly bullish market and no it doesn't need a huge pullback. It doesnt matter that there have been like 5 dojis on the weekly. It is a bullish market.
And I think it is finally time after that insane shock drop that happened last week. Nothing happens by mistake. That was a huge manipulation in order to allow institutions/banks to order in buys around the order block that was created in August so they could get that price for the next massive push up. Since then we have been seeing bullish accumulations (Shout out to mentfx). Anyways the clear orderblock/snd zone created on the daily, dipped right into the previous one. Once I opened the chart and saw this, I smiled with glee and have been taking longs since. They have been working out perfectly. Once this really starts moving, It will probably fly up disgustingly like it did some months ago. The sky is the limit I wont even say numbers as to where EJ and GJ will stop. The banks decide that. See you at the top :)
3 Box StrategyBasically my strategy has three important things required before taking any trade.
So, firstly. I identify what range I am in.. the rule of left to right.
We already can see our Structure, that's the impulse on the daily.
Now the second required element, is our supply to demand or we as call it "SND" (Vice versa)
That's the orderblock, where the last sells came in before the buys. So we have an understanding that we have orders left behind from the composite operater.
The last toolbelt to finalize everything is our confirmation.. that's a private entry(ties) but you can also use Wykcoff schematics (Accumulation) to confirm the trade..
In conclusion we need three things before Trading.
S.S.C
Structure
SND
Confirmation
That's the 3 box strategy... It works on every timeframe.. since the market is fractal.
is OB = 0.886 fib (OBSERVATION)Is 0.886 fib an OB level or are we just speculating? well in short idk😉 you find out on your own, i have been back testing this thing for the past few weeks and almost in all cases im seeing some correlation between the two, but why? well idk😂 its basic math at this point i mean order blocks are areas where price made some form of lows or highs, so at those areas if price revisits there might be an opportunity for good reaction those areas are almost in all cases at the 80% of the move up.
Why do i think 0.886 is better than OB?
OB is dynamic, you don't clearly understand which OB to use 15m 30m etc.... why not 25min (this is something i had in mind when i first learned about OB). While in the case of fib its an exact level, we expect price to move at a specific value instead of a dynamic area.
is 0.886 something you made up?
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Keep in mind this is just an observation so DYOR and backtest before you come to a conclusion.
OUTLOOK FOR DOLLAR INDEXAs things go bad prices go up,we cant time the markets but we can take hints from the volatilty it has shown in the past,Currently price is showing a snowflake of distr. so it is very much possible that we can see price start to contract in irder to mitigate previous positions. LIKE AND COMMENT IF YOU WERE INTRIGUED BY THIS ANALYSIS!
EUR/USD: LongPrice seems to be showing signs of accumulation moving into an unmitigated 30min demand zone. I'll be watching for price to show further signs of accumulation on lower time frames at refined areas inside the demand zone. Should price react the way I want it to I will enter a buy and look for partials at previous unmitigated demand zones, with a final TP at an area of imbalance on the higher timeframe.
Expecting EURUSD to grab some liquidity before next rally. Based on studies of Wyckoff price action/cycles, Mentfx (YT) order blocks concepts, and ICT (YT) institutional price action concepts.
My speculation for this week is the USD continuing to fall, thus boosting the the EUR. But, smart money needs to fill some recent inefficiencies first. I'll be looking for a fake trend break at of before Wednesdays NY open/London Close to accomplish this, wipe out long stops and collect liquidity before next rally through the end of the week.
Expecting EURUSD to grab some liquidity before new high.s3.tradingview.com
Based on studies of Wyckoff price action/cycles, Mentfx (YT) order blocks concepts, and ICT (YT) institutional price action concepts.
My speculation for this week is the USD continuing to fall, thus boosting the the EUR. But, smart money needs to fill some recent inefficiencies first. I'll be looking for a fake trend break to accomplish this, wipe out long stops and collect liquidity before next rally.