Original subtitles

as well. You need to understand which point you're going to

is it always going to do this? Price institutions want the

accumulation or any other type schematic. But yeah in the next

completely confirmed that you've got distribution or

see is a very shallow retracement. Now this is where

going to be amazing so just don't over risk yourself there

Wykoff really distributes downwards you're not going to

right there and then boom straight back down now a My key

go even lower just the end of that wick right there

breaker block then we had this move to the upside the BC right

price to move away and in also doing that they don't want

going to be a very important one so yeah good notes for that

order flow perfect perfect mitigation perfect mitigation

you're going to get the best entries and when it's

very deep. That's a deep retracement. You might not see

one as well. Anyways guys I'll see you in the next lesson and

lesson I'm going to look at improving win rate with it's

this is the phase that we want to be getting into. That's the

a work of distribution or whatever your risk rewards

lessons from Wykov. Take note of this. With Wykov you're

into the void we got that bit of liquidity that we just took

you have to start considering inducements and liquidity

going to see so many happen in the market but you just need to

know when to act on it and what part what which phase to act on

confirmation from breakdown and the lower high that's exactly

it's going to be a simple inducement down boom like this

a bit higher just for this because either way if you're on

mean by shallow is if you know river shallow is going to be

high. There's liquidity just above that. This stop losses.

set your limit perhaps 50% of the way through and then put

And you've got this liquidity void right here. Right there

something like this because if price really wants to move, why

you're going to try and enter off there potentially you could

when you've got this sign of weakness right here you go up

there's that liquidity void and that's where you going to see

structure presents you. Then took liquidity right at the top

honestly the amount of entries you could have got in this in

voids. So an inducement is where you've got this previous

that movement take note that is where you going to see that

movement that's exactly what we're looking for my

potentially if you were if you are waiting for it you could

and there we go just zoomed in slightly a bit more straight

point of let me just draw it on

stop loss a bit higher I would really recommend put stop loss

got to be wary that your bias might not continue as normal

final move into it it's going to be very shallow but

higher low lower low higher low we've got this downward

people to enter with them as well. So what you're going to

is something that I'm going to be teaching more of but what it

and then you're going through so if you wanted to you could

break that structure that was right at the top so you've got

happening right so it looks like the perfect move is

one right here. If you extend that even further just lines up

you're going to see very shallow retracements now what I

is going to be important because you know if we keep

but when you're using market structure you've got all this

observation on the last push oh yeah so this is the key lesson

happen that's why you've also you've always got to prepare

that I want to teach my students and write this down

this liquidity void right here and on the last move before

reduce our risk because we know we could start looking for

We saw this in break of internal structure and what I

for different cases what we see here is an inducement now this

structure still bullish? Can we continue looking for buyers? Or

we're looking for sales. I'm moving on. As we're going down

lesson two of the first time where we looked at market

structure identify is this a lower low higher low lower low

time frame, we saw this break right here. We saw this break

liquidity went back down now we met this sign of weakness as

please because it's so influential not only work off

is I'm I'm going to break it down in simple terms right now

perfect perfect now when you've got that much perfect

right here. Right here significantly as well because

mitigation in retail you also start to see that trend line

sales. When did we understand that we're no longer billish?

good it's all well and good seeing in hindsight like it is

it to come and come back down but in this case it didn't

happening but how long can you expect this to go on for now

have had this point of interest that trend line liquidity for

perfectly. And as soon as we start to see that sell don't

we've got that lower low and look go back to lesson one

you know however you like to call it that run on liquidity

UT now we came straight back down to this point of interest

real situation. How you can enter the understanding of it

was the automatic rally from the BC then we went up to the

reaction of that low time frame order block reaction here that

to the top came straight down to this point of interest that

look if you were in buys already and you understood that

what we're seeing here we've got that confirmation now that

to look for buyers? Uh the way I like to mark out my charts is

try to look for buyers anymore. Just wait and see what market

soon as we went below that okay that's perfect that's the

have we broken structure down? Start looking for sales. That's

positions during the Wykoff cycle? Due to the nature of a

right here and understanding okay let me mark it out let me

boom that's done Utad we took this liquidity purge that

you know all of this can just be named differently but it's

confirmation of now a bearish structure you're going to

indication that we're now in sales so no more buys

question, is structure still bullish? Can we still continue

invalidation of this order block right here. I mean this

exactly what we start seeing here. Now, to address the first

identifying the phases to make this really clear for yourself

mean by internal structure is when you look at on the lower

of this AR. We saw that break right there and also the

And then that's when we came back up. This area right here

looking for buyers we've got to take profits. We've got to

we're at a higher time frame point of interest you've really

C when you see that final breakdown and you've got

anymore because you've got this resistance right here this

look at rejections. Look at how price on going up and what it

entering on the 1 minute five minute insane entries so just

phase B phase C or D when you when you see that end of phase

distribution, you must understand two key elements. Is

was rejecting of so we've got this reaction here tick

we had automatic rally straight into that point of interest UT

all the same thing. Then you've got the tests in phase D. Now

as well. So yeah, So we've got this example right here. This

phase that we're looking for entries. So, when can I take

going to expect some kind of retracement towards your UT or

differentiate between distribution, a reaccumulation,

very recently as well. So if you look around June 2021

tests was so perfectly like mitigating every single time

be going through an example here of applying Wykoff in a

expect some kind of retracement to the top right you're

now understand what phase it is but under Standing these points

that as a type of breaker structure and then you've got

that UTAD which is that run on the UT at the top and then from

see what happens let me understand is this phase A

then you start to see another breakdown this is the official

like I said it appears on the lower time frames. But yeah

the schematic was insane especially from the one hour

break of that SOW and then you've got the tests and these

when you're seeing a work of schematic happen okay it's all

the 1 hour, the 4 hour, even higher than that. It's usually

this is what we had going on. So PSY buying climax at the top

and then obviously vice versa. Um but yeah, so we're going to

around that time you're going to be seeing this

happen so perfectly as this on the on the high time frame like

sign of weakness to the downside so you can consider

schematic happen. Uh very rarely like I said does it

is GU on I think it's on the hour time frame. This happened

understanding you know, the difference between the

seen, we've been going through wipe off quite intensely just

different types of schematics. Um understanding how to

Yes, hello everyone. Welcome to the next video. So, as you've

take care.