Differences in Philip & CHoCH Scenarios

12 May 2022

When an area is immediately broken we will have ( CHoCH ) . When an area on the opposite side is consumed and the price returns, we expect the area that caused the failure to be consumed at the time trigger.


When an area reacts but cannot break the surface, we have ( FILIP ) . When the price breaks the opposite areas and consumes one and returns, we expect in the time trigger to consume the area that caused the failure.



Continued ENTER
Two modes occur.
We either lost the Filip or ( CHoCH ) scenario and are waiting for it to return.
Or a high time zone is broken by a lower time trigger where we expect orders to continue flowing.