AUDCAD 🕯️ Same candlesticks. No trend. Completely different meaning.
Most traders lose money in ranging markets because they read candles like it’s a trend.
I just released Candlesticks Tutorial #3, focused entirely on ranging market context — how to read balance, compression, and real participation instead of guessing breakouts.
AUDCAD Price has mitigated the mid-term order block after taking out inducement — clear signs of engineering taking place. Internally, framework structure and order flow are currently holding price, so this is an area where anything can develop.
For now, my focus is simple: I’m waiting on lower-timeframe confirmation to define direction.
Once we get a breach of the lower high, I’ll then wait for the next inducement to be taken, allowing price to trade into the nearest internal framework order block for execution.
Until then: • No forcing • Just tracking price behavior
Patience is key. Tracking is the edge. Let smart money lead. Let’s go.
🔍 Analysis Approach: I’m applying Smart Money Concepts, focusing on: Identifying Points of Interest on the Higher Time Frames (HTFs) 🕰️ Using those POIs to define a clear trading range 📐 Refining those zones on Lower Time Frames (LTFs) 🔎 Waiting for a Break of Structure (BoS) for confirmation ✅
This method allows me to stay precise, disciplined, and aligned with the market narrative, rather than chasing price.
💡 My Motto: "Capital management, discipline, and consistency in your trading edge." A positive risk-to-reward ratio, paired with a high win rate, is the backbone of any solid trading plan 📈🔐
⚠️ Losses? They’re part of the mathematical game of trading 🎲 They don’t define you — they’re necessary, they happen, and we move forward 📊➡️
🙏 I appreciate you taking the time to review my Daily Forecast.
Stay sharp, stay consistent, and protect your capital — FRNGT 🚀
I’m simply waiting for the bears to step in and drop price into the mid-term OB. Once that zone gets fully mitigated, then I’ll refine it to isolate the true smart-money area of interest.
From there, I want to see clean structure forming around the refined zone. That’s my cue to drop into the LTF and look for the CHoCH confirmation.
Until all that lines up, I’m chilling. This one’s going to take a minute to play out — so I’m letting smart money lead the way.