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