HTF: Going lower to meet the HTF liquidity objectives
On Friday we made equal lows on the daily/weekly time frame that coincided with the H4 engineered liquidity (1.09446). We are currently in a bounce which I think will serve as the pullback to continue with our bearish move on both the H1 and M15 time frames, breaking structure to the downside in order to tag the H4 engineered liquidity (1.09446) or the H4 extreme zone (1.09311). This zone lines up with a weekly POI that has an SMT feel to it so there is a possibility that we push down further to take the daily inducement (1.08334) and tag an unmitigated weekly POI (1.07862). If we close below the daily inducement level with an H4 candle then the H4 chart will turn bearish so I will be hoping for a wick down that mitigates the daily inducement and closes above (1.08327) to confirm a daily high and thus provide a target for longer term longs
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Vagrant market bully.
No course and no challenge passing, please don't ask. Luck is what happens when preparation meets opportunity.
No course and no challenge passing, please don't ask. Luck is what happens when preparation meets opportunity.
