As you can see, there is a shift in market structure 1H TF.
Before going further, there is also same scenario if you checked daily TF---> BOS and then going lower.
I waited for the level highlighted with institutional candle due to the fact that it sponsored the price to go lower. Upon checking I also see BOS following validity structure :)
After that I go to lower timeframe 15min ( where I would normally enter).
RR: 1:10
wyckoff distribution with validity/evidence.
You can also check the chart for more information.
Happy learning!
Before going further, there is also same scenario if you checked daily TF---> BOS and then going lower.
I waited for the level highlighted with institutional candle due to the fact that it sponsored the price to go lower. Upon checking I also see BOS following validity structure :)
After that I go to lower timeframe 15min ( where I would normally enter).
RR: 1:10
wyckoff distribution with validity/evidence.
You can also check the chart for more information.
Happy learning!
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.
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.