H4 GBPJPY market shift homework.
מעודכן
1. Market is in a uptrend.
2. Market consolidates. Makes a something like a double top. Note that the second top did not break above the 1st top. This can be seen as a reaction to a supply zone.
3. A change of character can be seen here, possibly signifying a shift in trend.
4. Prices rose up to our H4 supply zone and refined H1 supply. This can be refined into smaller time frames. Wait for a similar shift in LTF.
5. LTF sell limit from LTF Supply.
2. Market consolidates. Makes a something like a double top. Note that the second top did not break above the 1st top. This can be seen as a reaction to a supply zone.
3. A change of character can be seen here, possibly signifying a shift in trend.
4. Prices rose up to our H4 supply zone and refined H1 supply. This can be refined into smaller time frames. Wait for a similar shift in LTF.
5. LTF sell limit from LTF Supply.
הערה
Note that in point 3. we can already see a ChoCh as the first sign of a shift in market structure. In this trade we are taking the 2nd shift.הערה
Taking the 1st shift into consideration, many LTF trades could be taken.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.