re-distribution after manipulation phase 1w supply , trendline liq sweep after breakout, resist from supply, 1D fvg attract price to move down
market is ranging so far and im expecting keep it until have enough volatility
looking for long in green area , short in red area green zone - discount level , daily swing poi red zone - bearish trend, supply chain
Downtrend structure break 0.5EQ HTF distribution LH/LL TP: Lower low
bullish market scenario wyckoff reaccumulation structure assume its side way correction and remain at least one more bullish wave its almost end of consolidation phase Squeeze movement is just around corner
abc wave end - demand zone resist / liq sweep + range fake out expecting abc or impulse long wave poi - 30200 ~ 30400 risk : swing point and range strong break out invalidate long
bullish uptrend channel recent fake out confirmed break out candle waiting tp uptrend channel resistance zone
Distribution scenario Final test(UTAD) waiting for confirmed tp will be 4h fvg and 0.618 risk : UTAD -> SOS reaccumulation
HTF Distribution Started looking for taking SSL and accelerate distribution risk: possible one more utad before drop