New to analysis, let me know what you think.
- Legend -
Red - SL
Orange - Gap
Blue -EP
Green - TP
Purple - IPA
Money - Liquidity
Eye - POI
Target - FU Candle
Top IPA may be a target for a bullish movement later on
Confirmations:
POTENTIAL RETRACEMENT FOLLOWED BY A BULLISH MOVE (Weekly chart is Bullish, while hourly is Bearish)
1. Proof of Institutional candle
- Stops out liquidity
- Fast movement in opposite direction
2. Proof of Candle stick pattern: Bearish Engulfing .
3. Proof of Imbalance Price Action x3.
4. Proof of liquidity to be captured: Many Equal Lows.
5. Fib retracements confirm sell zones/Take profit zone:
- POI perfectly within range for the sell point.
- Liquidity and Bottom 2 IPAs sit perfectly in target zone.
**I AM NOT A FINANCIAL ADVISOR, ALWAYS USE PROPER RISK MANAGEMENT WHEN TRADING**
- Legend -
Red - SL
Orange - Gap
Blue -EP
Green - TP
Purple - IPA
Money - Liquidity
Eye - POI
Target - FU Candle
Top IPA may be a target for a bullish movement later on
Confirmations:
POTENTIAL RETRACEMENT FOLLOWED BY A BULLISH MOVE (Weekly chart is Bullish, while hourly is Bearish)
1. Proof of Institutional candle
- Stops out liquidity
- Fast movement in opposite direction
2. Proof of Candle stick pattern: Bearish Engulfing .
3. Proof of Imbalance Price Action x3.
4. Proof of liquidity to be captured: Many Equal Lows.
5. Fib retracements confirm sell zones/Take profit zone:
- POI perfectly within range for the sell point.
- Liquidity and Bottom 2 IPAs sit perfectly in target zone.
**I AM NOT A FINANCIAL ADVISOR, ALWAYS USE PROPER RISK MANAGEMENT WHEN TRADING**
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.