Ok guys, My name is Ryan, also known as Peezy_FX & this is my first Published Trade idea so I pray it plays out lol
I am anticipating for the market to initially trade down, against my bias, taking out previous day's low & Thursday's Low, which would be our purge of Sellside Liquidity, creating the low of the week sometime before
Tuesday's New York Open & by doing so generating Buyside Liquidity, i.e. Relative equal highs involving Thursday & Friday's high's. A specific price of interest to me is the 13250.00 - 13206.25
If that occurs, I will then drop down to a 15m timeframe as well as the 5m timeframe & wait on a clear Shift in Market Structure ( SMS ) to form at or around New York Open 8:00 AM (Est) to The Opening Bell at 9:30 AM (Est)
Once I identify the SMS , I will be looking for a retracement down into a lower timeframe FVG and/or an Order Block, Targeting previous day's high (close partial profits) & the liquidity pool resting at 13620.00 (take profit)
I am anticipating for the market to initially trade down, against my bias, taking out previous day's low & Thursday's Low, which would be our purge of Sellside Liquidity, creating the low of the week sometime before
Tuesday's New York Open & by doing so generating Buyside Liquidity, i.e. Relative equal highs involving Thursday & Friday's high's. A specific price of interest to me is the 13250.00 - 13206.25
If that occurs, I will then drop down to a 15m timeframe as well as the 5m timeframe & wait on a clear Shift in Market Structure ( SMS ) to form at or around New York Open 8:00 AM (Est) to The Opening Bell at 9:30 AM (Est)
Once I identify the SMS , I will be looking for a retracement down into a lower timeframe FVG and/or an Order Block, Targeting previous day's high (close partial profits) & the liquidity pool resting at 13620.00 (take profit)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.