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yo what is good everyone hope you're
doing well so i'm on eu and i'm quickly
going to run through
um
you know a bit of price action
and yeah so what we had or what we was
looking at was when price was around
this area
we was trading it into
you know this sort of 15-minute
inflection point and
potentially looking to get along from
here depending on what price was doing
on the lower time frames
and
you know this is a 15-minute area i
posted this on instagram um
but if we go to a 15
minute time frame
you can see that area so the last down
close candle which would be that one
there
and
price tapped into
the
hourly candle that i spoke on in a
previous video
and we now respected that we've come
into this level there was a lot of
opportunity to get involved so if we
look at the one minute time frame
we had
well firstly actually on the 15 minute
if i just zoom in
we had
this move here that's put in a new lower
low and we had
the last up close candle so that move is
here so we tapped in
and this doesn't really
meet my
my own personal um
checklist
but it's broken structure and
we had a reaction from this area here
we reacted
pushed off
but then ultimately we came into the
15-minute sort of supply
and
you would have been tagged in there it's
definitely a great trade and you know
would have worked out
and then next sort of entry we break
structure we form a bit of
liquidity
we had this area now i did set an entry
on this area but it didn't get tagged in
and
if you was taking the sort of range
rather than this candle then you would
have been tagged in but for me you know
that's what i took
and didn't get tagged into it then we
pushed down and
we have some
you know clear order flow here lower
lows lower highs and then
once price tapped into the 15 minute
area
this is really key so
what we can see is
we tapped in
we pulled off we put in a new lower low
so we have a swing point a little range
and
what we can see is the most recent
supply would be
this area here so you can see these four
or five candles
a clear sort of range and then we broke
structure
that put in a new lower low
and
this is the most recent supply so this
is what i'm looking
looking at for price to break before i'm
even you know anticipating getting in
long
so you can see
we've come up
and
we actually although this isn't a valid
order block
or because it hasn't broken structure
we mitigate the supply
and then we actually come back back down
to mitigate this sort of these free
candles or mostly this candle
and then it was actually we pulled off
and
push up pull back we break structure
okay so that's not really
a very clear break or there's not
there's not momentum there
but we can see
look price come down we mitigated supply
we come down with a wick
and we broke structure so what's that
showing us
well price has failed to put in a new
level low and instead we've broken
structure
we previously mitigated
then we broke so supply has failed
that's created that has created demand
so you could choose this candle but for
me
when we've got a clear wick like this
i'd rather take the wick
and
you know
if it goes from here then that's fine
but i'd rather take the wick because
on a time frame down there will be
something within that
and
we can see
i set my entry on the top of that wick
and
got tagged in 1.7 pip stop loss
and
you can see look we now
sorry about that you can see we've now
pushed in
and
once we got tagged in we had a little
range
pushed off
we tapped into another area of
you could say supplier but it's not
really valid for me
we come in we break it
so i was looking to scaling on this but
we didn't really break with momentum
and
you can see we're now putting in higher
highs and higher lows
and this is where price currently is
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