What’s good guys.
So during today’s masterclass session. We were focused on understanding the points of interest that MM would make their presence known.
Below is a breakdown of why this trade was taken factoring in the simplicity of the hybrid system.
1) The W formation that was forming on the 1m time frame…Notable volume appearing at the lows. Remember the MM shows his hand when you see aggressive candles appearing at speed…(Yellow Arrows)
2) Look at the volume down below…After hitting the lows we saw a change in intention when the green volume bars started to appear, this would be labeled as 1)…Now consider the price action in this area…we anticipate that we are likely to see more interest in this area…We then see zone 2) where the big blue vector candle came in…So we are in agreement that the MM wants to hold this area based on the interest behind keeping the price within this range. Remember the EMAs are stacked…(Elastic band????) they are contracting…We are expecting another push.
3) Zone 3) in the volume area shows massive interest…
Zone 3) is where I decided to take my entry…The pattern…Took the safety entry on the basis that at that point I was expecting the MM to step in…
4) EMAS stacked to the upside…
5) Daily Open insight (Look for key areas nearby
6) The Key 41k Range is nearby.
Profit took at peak once screenshot was realized…
Mad Love
T
