The development of the situation does not contradict the pattern. Let's see what happens next. For now, I am holding long positions.

Trading System Based on Monthly, Weekly, and Daily Opening Prices

While trading using levels, I discovered an interesting pattern in price movement: the screenshots clearly show that the price moves in circles. I will try to use this feature. Unfortunately, I can only draw circles in TradingView. In MT5, I can't ...

Trading System Based on Monthly, Weekly, and Daily Opening Prices

I placed a buy order at the level of 2441.50 and another buy order at the level of 2379.19. The rationale for the buy is as follows: the price broke through the monthly opening level of 2521.70 and the weekly opening level of 2439.95, formed an ...

Trading System Based on Monthly, Weekly, and Daily Opening Prices

Today, I got stopped out with a big loss. I thought the price would move in the direction of the local liquidity after the liquidity grab for selling. However, as it turned out, I was wrong. I failed to consider that a pattern had formed within an ...

Trading System Based on Monthly, Weekly, and Daily Opening Prices

The price took out the sell-side liquidity, dropped below the weekly and daily levels, and formed an order block. I entered a buy position.

Trading System Based on Monthly, Weekly, and Daily Opening Prices

The buy-side liquidity has been taken out. Now, the sell-side liquidity is being removed. I hit one stop-loss, but two other orders took profit. In total: +15% to the account. I canceled the buy order—it's unclear where the drop will end. Analyzing ...

Trading System Based on Monthly, Weekly, and Daily Opening Prices

Go down!

Trading System Based on Monthly, Weekly, and Daily Opening Prices

I spotted a sell order block. All conditions are met—buy-side liquidity has been taken out, there's increased volume on the signal candle, and the candle has been broken with confirmation. Risk 1:2. It's not ideal that the main liquidity above ...

Trading System Based on Monthly, Weekly, and Daily Opening Prices

I think the price will gather liquidity, drop below the daily and weekly opening levels, and then move upward from the order block. Almost all conditions are met, except for the volume. It's not the largest on the signal candle.

Trading System Based on Monthly, Weekly, and Daily Opening Prices

The market has moved without me. Now, it might be worth looking for a selling opportunity.

Trading System Based on Monthly, Weekly, and Daily Opening Prices

Yesterday, there was a sale amid rumors of a Baibit robbery. I suspect it was "dirty manipulation" aimed at shaking out small buyers. I placed a buy limit in the order block zone with a target above.

Trading System Based on Monthly, Weekly, and Daily Opening Prices

I closed my order and got +15% for depo.

Trading System Based on Monthly, Weekly, and Daily Opening Prices

A strange and unpleasant situation has occurred: Quotes have stopped updating on MT5, but on the Bybit website, the quotes continue to change. My buy position is currently in profit, but it's unclear what will happen to it next.

Trading System Based on Monthly, Weekly, and Daily Opening Prices

I could try buying at the level of 2818.63 with a target of 2902.61—the midpoint of the imbalance zone. However, this seems very risky to me—there are no clear levels, only targets.

Trading System Based on Monthly, Weekly, and Daily Opening Prices

The price has entered the weekly imbalance zone, but as long as the daily and weekly highs (liquidation levels) have not been taken out, it might still be too early to sell. Perhaps one could try buying with a target at the weekly high, using a ...

Trading System Based on Monthly, Weekly, and Daily Opening Prices

I think so. Some might be deterred by the fact that the weekly level is considered the primary one -it's seems too slowly. However, if you follow the Smart Money strategy, the main condition for smart money is big money. It is on the weekly and ...

Trading System Based on Monthly, Weekly, and Daily Opening Prices

Tahnks a lot. bro! Have you same for MT5?

Trading System Based on Monthly, Weekly, and Daily Opening Prices

I closed me orders - i got what i need

Trading System Based on Monthly, Weekly, and Daily Opening Prices

### **Algorithm for Entering a Trade** #### **1. Define the Weekly Opening Level** - Identify the weekly opening level (the price level at the start of the trading week). #### **2. Wait for Price to Break the Level** - Monitor the price action to ...

Trading System Based on Monthly, Weekly, and Daily Opening Prices

The buy limit order was triggered. This is how the situation is unfolding so far.

Trading System Based on Monthly, Weekly, and Daily Opening Prices