GBPUSD, 1H Daily CRT
→SMT divergence w/EUR as confirmation
→Key level @ 1.33950
→DOL at 1.33310 as target
price dropped straight into it.
That's the setup, that's the result of patience..!
#GBPUSD#CRT#Forextrade
GBPUSD, 1H Daily CRT
→SMT divergence w/EUR as confirmation
→Key level @ 1.33950
→DOL at 1.33310 as target
price dropped straight into it.
That's the setup, that's the result of patience..!
#GBPUSD#CRT#Forextrade
called this a month ago and gold just hit that level today 🎯
the draw on liquidity at ~$4,080 was always the target after that breaker block rejection at $4,840
XAUUSD | Daily
Price tapped into a Daily Fair Value Gap with precision. A Daily CRT has now formed off that level.
Draw on liquidity sitting below ~4,085. The narrative is bearish until proven otherwise.
Structure respects those who read it.
https://t.co/38XiCtQdwY
Time is Fractal:
1 year - 3,3,3,3 months.
1 month - 1,1,1,1 weeks.
1week - 1,2,3,4 days
1day - 4 sessions - Asia, London, NYAM, NYPM
Sessions:
ASIA
Q1 - 6PM - 7.30PM
Q2 - 7.30PM - 9PM
Q3 -9PM - 10:30PM
Q4 - 10:30PM - 12AM Midnight
London
Q1 - 12AM Midnight - 1:30AM
Q2 - 1:30AM - 3 AM
Q3 - 3 AM - 4.30 AM
Q4 - 4.30 AM - 6AM
NYAM
Q1 - 6AM - 7:30 AM
Q2 - 7:30AM - 9AM
Q3 - 9AM - 10:30AM
Q4 - 10:30AM - 12PM
NYPM
Q1 - 12PM - 1:30PM
Q2 - 1:30PM - 3PM
Q3 - 3PM - 4:30PM
Q4 - 4:30PM - 6PM
Q1 dictates the quarters which follow
If Q1 expands Q2 will likely consolidate
If Q1 consolidates, Q2 will expand
Specific openings of price Which serve as a time - based filter for gauging Judas Swings/Stop-hunts.
True Opens - are the beginning of Q2 of every cycle
If bullish - buy below its true open If bearish - sell above its true open
Key levels rest above/below true opens.
Every cycle has it's own True open
True Year Open is opening price of the first Monday on April
True Month open is opening price of the second Monday of the Month
True Week open is Monday at 6PM
True Day open is 12AM midnight
True Asia session open is 7.30PM
True London session open is 1.30AM
True NYAM session open is 7.30AM
True NYPM session open is 1.30PM
Q1. (A)ccumulation - consolidation
Q2. (M)anipulation - Judas Swing (Trade this)
Q3. (D)istribution - LRLR(Trade this)
Q4. (X) Continuation / Reversal of previous q.
Or
Q1. (X) (X) Continuation / Reversal of previous q.
Q2. (A)ccumulation - consolidation
Q3. (M)anipulation - Judas Swing (Trade this)
Q4. (D)istribution - LRLR(Trade this)
If trade 1min chart - 15min PDarray needed If trade 5min chart - 1Hour PDarray needed If trade 15min chart - 4Hour PDarray needed If trade 1hour chart - Daily PDarray needed If trade 4hour chart - Weekly PDarray needed
True opens are static, they never change. Opening price Q2 is true open.
~Daye.
@traderdaye