Mitigation of Orders and Cause for Price Created Tags What is mitigation?


So where could we mark on our range?


Download 0.67 Mb.
Pdf ko'rish
bet2/2
Sana11.03.2023
Hajmi0.67 Mb.
#1258844
1   2
Bog'liq
10. Mitigation of Orders and Cause for Price

So where could we mark on our range?
Well we could look at this but thats the move that was continuing up, is sort of from 
here. So we can take the sort of highest point and the lowest point of the range, 
before price moves out.
Now of course we do have an OB which would be this little candle refined to that 
candle there, but in this example thats quite a small area to be looking at, so what 
we can do is take the range from the higher to the low and then look for long 
opportunities within that area on the LTF.


Mitigation of Orders and Cause for Price
7
So again price comes in to mitigate, rebalance all of this sort of moves, because we 
definitely do have more buyers than sellers. 
Now we could be asking, well this is the last down candle here, before some clear 
momentum which to some degree is correct but is hasn´t really broken structure, or it 
isn´t a valid break for me, because its just one candle and the move has started from 
here, this is where price initiated out that broke the high and also another thing to 
look at is how price came into this level here, we can see a lot of momentum, a lot of 
bearish pressure and there is no entries on a LTF in this area here.
So its better to wait for LTF confirmation and look to see where our actual areas are, 
where price will more than likely need to mitigate before continuing and we can see 
its here clear demand and we know thats what happened.
So one thing we can see on the 1h is price came in but then closed above the 
demand, so what this wick basically means is he is just bos on LTF, because at one 
point price was down here, but then it closed up here, so what does that say on a 
LTF?
Well that basically means we have got bullish candles on a LTF, thats bos and one 
thing to look at as well. 


Mitigation of Orders and Cause for Price
8
If we was to drop down to a LTF which I won´t do, but we will have areas on the 15m 
and 5m on this move here, so what we can see is, we have the exact same thing, we 
can take.
So we have the exact same thing as here, so we have the range, bos, so this is the 
same but its on a smaller degree. And if we was to drop down to a LTF we could see 
this we have a range on this candles here, initiation out which bos, a mitigation of 
that area and then the continuations.
So we have entries within entries, and then we can see what price is doing now is, 
we know continuing and this is showing us clear order flow to the upside, and there 
is no real saying price won´t continue up, bos again.
So we know whether it be this move here or price will build liquidity range 
consolidate, and then initiate out, but there is no saying that we couldn´t put in 
another bos and then see this happen again, mitigate, rabalance more orders being 
placed, looking for them demand areas then OBs.
And because that is where price is more than likely going to gravitate to before we 
do see continuation 


Mitigation of Orders and Cause for Price
9
Order Flow and Price Mitigation. 
So I got asked by a member why gold pushed up from here. Here’s my views and 
the why.. this is the 1 hour timeframe.


Mitigation of Orders and Cause for Price
10
This is an update on gold. 
Please find the correct colours and then match it with the coloured circles next to the 
texts, so you understand it.

Download 0.67 Mb.

Do'stlaringiz bilan baham:
1   2




Ma'lumotlar bazasi mualliflik huquqi bilan himoyalangan ©fayllar.org 2024
ma'muriyatiga murojaat qiling