@aydencolemann@traderpurge@BrightBens16779@ArinNirban67582@aunicity Always seek mastery in
1. HTF Bias
2. How price will deliver to that HTF bias
very very different aspects of technical analysis, which is why most find it hard to bridge the gap between arrows on a chart to trading towards those arrows with good risk / reward
@ArinNirban67582@aunicity@nemmyts “You can either trade the journey of price to the key level,
Or you can trade the reaction of price from the key level.”
@ArinNirban67582@nemmyts@aunicity Did you mark 11 Feb High as KL?
Also during Q4, do you expect to return to the weekly range already made? As this week Thursday’s reversal profile?
@ksfades Thanks for pointing the time factor for the formation of each different shape of candle and how to anticipate them
A lot of good information is here…
@traderpurge @Taqiborz @ArinNirban67582 Does he talks when an assets has a deeper retracement than the other?
See the Daily chart DXY OB (2 candles) vs EU OB (1 candle) vs GU Low's Taken
@nemmyts When should we anticipate a deeper retracement on EU?
On DXY the retracement wasn’t as deep (open of 2 candles) and on GU the low has already been taken.
The HTF price action will play a role into the lower timeframe action.
In a trending quarter, there will be less retracements.
In a ranging quarter, there will be less large moves and more chop.
The ability to identify the difference between the two is crucial.
(3/x)
Using Time as an Invalidation for Price yields much more consistency then objectively looking at price.
How can you know a key level / liquidity pool is invalidated before it’s even hit?