1 HR TF, USDJPY, SELLS
- BEARISH MARKET CLOSE
- MARKET WILL CONTINUE TO BREAK THE BLUE SUPPORT AND SELL TO GREEN LIQUIDITY ZONE
- GRAB STOP LOSSES SET AT THE GREEN LIQUIDITY ZONE (THIS IS WHERE THE UPTREND STARTED)
- MAKE THE PREVIOUS SUPPORT INTO A NEW RESISTANCE LEVEL (BLUE LINE)
- MARKET WILL REACH 50% OF THE GREEN ORDER BLOCK (HIGHLIGHTED IN PURPLE)
-...
4H TF, GBPJPY, REACHING A POI
- ADDRESSING THE GREEN OB: MARKET REACHED 50% OF THE ORDER BLOCK ALREADY
- NOW MARKET IS CREATING EQUAL HIGHS AND LOWS (BLUE)
- BROKE ITS TREND AND SOLD OFF TO GRAB LIQUIDITY
(SOLD OFF WHEN MARKET REACHED THE RECENT WICK REJECTION (DOTTED LINE))
- OUTLOOK: BUY UP TO THE UNTESTED LEVEL (POI)
(TAKE THE SL SET OF ALL SELL ORDERS)
1HR TF
- BREAK SUPPORT (blue)
- REACH THE 50% OF THE ORDER BLOCK (highlighted in purple)
- RED WICK IS INVALID, DID NOT REACH 50% ON FIB LEVELS
- BUY UP TO NEW UNTESTED LEVEL