


Chad_Sniper
It bounced on the two golden zones (between 0.5 - and 0.618) Currently still bearish. 1660 is a strong level from past printed trades so it could bounce right off of it.
Purple Fib zone - Premium zone to sell. Huge wick from Institutions as they see Huge order blocks in the premium zone = More money for them. Order blocks include Sell limits/pending ones, people's Stop loss including, etc. If you zoom chart to 5M tf, you will see two huge candles 1 bullish and 1 bearish candle happening in just 10minutes. That is called Buy to...
Overall trend - Bearish We wait for breakout. Trade on pullback.
Higher TF is bearish (downward channel). Price hits the support zone 11054 - 11187 (previous key level). 4H AO divergence suggesting exhaustion of bears. 4H/D is forming QM (lower low + higher high). We can open BUY trades at 0.786 zone. Confirmation on lower tf for sniper entries.
On a higher TF the trend is bearish. Price hit the 0.5 - 0.618 zone as retracement and continues to push downward. Price hit the supply zone pushing further down. Looking to open SHORT trades. A break of structure already happened at 1706.240 on 1H tf. As the next lower low is formed, mark that with fibs, as the price retrace upwards, open short at 0.718 - 0.886...
Huge bearish rejection on H1 tf - 1.10728 1.10673 - 1.10559 should be a strong resistance zone after a recent breakout
Still bearish. Can retrace upto 0.97261 level and push down again.
Price reaches the blue zone = previous key zone. Price is now in the purple zone = discount zone - perfect zone to buy. AO divergence at 15M. Price made a lower low + higher high (see 3638 broken - red line) = QML We wait for new High to form and mark that as the 2nd point in our Fib (the first point being 3609). We wait for retracement at 0.786 before opening a...
Price hits Supply area. Break of structure happened at 0.87722. I wait for the next low to draw the fib level properly, it should retrace to the 0.718 to 0.866 level before opening a SELL trade.
price reaches an order block/demand area and forms a QM pattern (higher high and lower low). if price reaches the left shoulder level (fib retracement of 0.718 and 0.886 - best levels for premium or discount ), it could reverse and go bullish . Divergence also occurs at 30M and 1H tf that backs up the bullish behavior. The overall trend is now bearish after it...
On a H4 tf we are seeing a AO divergence and a Break of Structure happened bearish, it is now on the Premium area / Supply area so I am expecting it to go bearish. Going into the M30 tf for more confirmations, I am waiting for Break of Structure at 1.37291 to make a lower low. If that happens, it should retrace to the 0.718-0.886 zone and make SHORT entry. High...
Price reached Demand Zone on a higher TF. We are seeing AO exhaustion/divergence on 15M TF. Looking at Buy at 1.11669 golden zone level. This is a Retrace buy after a Break of Structure of previous High.
Price approached the 0.5 - 0.618 zone from a previous bearish move. it now creates AO divergence 15M and if a break of structure happens (lower low in 15M, breaking 0.99118), then if it retraces to the premium area (0.718-0.886), we can Short.