US30_High_Probability of HTF Retest of Supply & Liquidity
WTF
- Bearish in Structure as is PA trading within Bearish Trading Range
- PA, LTF Reversal after finding Support at previous area of Strong Demand as reaction was strong
- High Probability that PA will find area of strong LTF Resistance/ DTF Supply if the LH is to be developed
DTF
- PA, found support wtf Area of Demand, PA indication of Bullish intent broke structure with DTF Change of Character (CHOCH)/ Area of failed DTF Supply
- Has to be noted that with the CHOCH, PA has to confirm Bullish intent, a Pullback is needed to confirm a HL
- With the closing candlestick closing on it's high PA displaying strong intent for higher prices.
- High Probability of PA retesting the DTF BOS/ Area of Supply if HTF Intent for further WTF Bearish intent.
- Noted that as long as PA trades below the WTF Swing range High, the overall sentiment of the market is still Bearish in nature
H4
- Bullish in structure
- Off a h4 Inside Bar/ FAKEOUT at WTF Area of Demand, PA opened with a gap to the upside and continued traded above creating HH/ HL's with LTF areas of Demand
- With PA, breaking DTF CHOCH/ High Probability that PA to create another HL before trading higher
- Bearish in Structure as is PA trading within Bearish Trading Range
- PA, LTF Reversal after finding Support at previous area of Strong Demand as reaction was strong
- High Probability that PA will find area of strong LTF Resistance/ DTF Supply if the LH is to be developed
DTF
- PA, found support wtf Area of Demand, PA indication of Bullish intent broke structure with DTF Change of Character (CHOCH)/ Area of failed DTF Supply
- Has to be noted that with the CHOCH, PA has to confirm Bullish intent, a Pullback is needed to confirm a HL
- With the closing candlestick closing on it's high PA displaying strong intent for higher prices.
- High Probability of PA retesting the DTF BOS/ Area of Supply if HTF Intent for further WTF Bearish intent.
- Noted that as long as PA trades below the WTF Swing range High, the overall sentiment of the market is still Bearish in nature
H4
- Bullish in structure
- Off a h4 Inside Bar/ FAKEOUT at WTF Area of Demand, PA opened with a gap to the upside and continued traded above creating HH/ HL's with LTF areas of Demand
- With PA, breaking DTF CHOCH/ High Probability that PA to create another HL before trading higher
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.