After creating bull spike on 2023, DJI has been moving within a bull broad channel since January 2024. At the moment, DJI has broken above wedge top and reached above its bull channel line. In general, breakouts above bull channel line will be reversed into channel area after maximum 3 bars. The whole context is trading range and I'm waiting for reversal down to...
BTC has been moving within trading range since June 2022. We have a rule on trading ranges that says 80% of range breakouts fail. Now we have strong breakout that I expected it to become sell climax and then reversed up. What do you think about this chart? Feel Free and Comment Below!
After full mitigation of 4H demand zone, strong bullish movement happened and also CHoCH. I marked up the higeee LQ for future bull movement that now is swept. Bulls pushed price to the daily supply zone and after mitigation of supply zones, bears took control. Strong and big bull bar can be buy climax and after buy climaxes we usually have trading ranges or...
XAUUSD has touched the 4H extreme demand zone recently. Also huge liquidity has taken. LQ above that zone makes that zone a valid zone. To change the trend on 4H timeframe wait for 4H CHoCH. But you can look at lower timeframes and wait for CHoCH and entries. There are a tons of LQ above the price to target. What do you think about this chart? Feel Free and...
Supply was created and had strong IFC that broke below the demand zone. (Since price touched the daily supply) Now price is moving down and will face the 4H demand/flip zone on its way. As I always say, 2 scenarios on S/D zone tap: 1)Reversal 2)Zone Break Wait for tap of the 4H demand zone. After tapping into 4H zone, if 15M CHoCH happens, bulls will take...
Weekly Chart: 1) Flip Zone 2) Consolidation 3) BOS 4) MSH and MSL 5) Scenarios Daily Chart: 1) Previous TR Analysis on Daily Chart 2) BOS 3) MSH and MSL 4) Scenarios
As I mentioned before, when price taps into zones, 2 possible scenarios formed: 1)Reversal 2)Break of Zone 2nd scenario happened on EURUSD 4H chart. Bulls were strong enough so they could break above the daily supply zone with body close. Price now taps into daily supply and supply takes control. Demand Zones are marked up on 4H timeframe. Wait for zone tap...
In supply/demand zone trading, we don not predict price. We make decisions after price taps into zones. When price taps into zones, 2 possible scenarios formed: 1)Reversal 2)Break of Zone Both scenarios are tradable. Now EURUSD taps into Daily/4H supply zone. Supply in now in control but for trend change we need to see strong 4H change of character. Another...
Double CHoCH happened and I expected price to retraced back into demand zone, but it didn't happen: XAUUSD went up and broke above the prior high so BOS. What we expect after BOS? Correct! Pullback! If you want to know more about market structure, see the post...
Gold has reached to Daily Demand Extreme Zone, was expected on previous analysis: After tapping into this demand zone, strong bulls enter the market and pushed price higher. Double change of character happened and also inefficiency formed, all together make the demand zone a valid zone. I mark up the 4H demand zone + discount area. After a PB to that zone, we...
Crypto market peaked in early November 2021 and then began to bear market, and the stock market peaked in January 2022 and then continues to drop. From the peak, Bitcoin is down 73% and the S&P500 is down 27%, but if you look at the past 3 months, Bitcoin is down 27% and the S&P500 is down 19%, only an 8% difference. Bitcoin, which was supposed to have a much...
I try to draw a simple market structure for trading range and trend. Lets check details about market structure. Trading Range: Trading range is where both buyers and sellers are active and trade. On the range market we see 2 sided liquidity. Above range that is buy side LQ and below range that is sell side LQ. If one side LQ sweep happens, we can expect the...
On October 13, 2022, strong bull leg broke above the strong high(CHoCH). It created a demand zone I marked up at the bottom of range. Now price mitigates the whole range of demand zone. I mark up the last recent supply zone that caused the BOS. First scenario is to break above this supply and going up to sweep the LQ. At the moment price swept the LQ below the...
Bitcoin swept the liquidity area and EQL last week and reversed up strongly. It created a change of character and mitigated the upper supply zone. CHoCH, LQ Sweep and IFC all together created a demand zone I marked up. Also 4H chart now has a trendline liquidity with tons of dollars above so its fuel for future longs. I expect upward movements and LQ sweep on...
Tight trading ranges are high balanced zones. Both bulls and bears are equally strong and trade with limit orders. ETH has been moving within a tight range in last month. This means ETH loses its sight now. I recommend to avoid trading in this range and wait for clear breakout. Sometimes not trading is more profitable than 100 trades! What do you think about...
In this analysis first of all I marked up the daily market structure high and low + Premium area. Price is now creating higher lows which means a bull trend. But it could not create new strong highs and created a LQ for higher supply zone. If AUDUSD continues its upward movement, then tap into highlighted 4H zone can give us nice possible short entries. there is...
After mitigation of 4H supply zone, price dropped down strongly and bears took control. Now price mitigates the 4H demand zone but since it came from a supply, to long here we need double confirmations. If long scenario happens, price could reach the higher 4H unmitigated supply zone. In this scenario October 14, 2022 low will be protected and bulls will break...
I was thinking of reaction on Daily Demand Zone but bears were strong enough to break below that zone. Bearish order flow continued and created liquidity for future upward move. I expect price to reach Daily/4H Demand then I will look for 15M CHoCH for reversal up. As long as XAUUSD is above daily MSL, upside movements are more likely than downside...