At this point is it an FT or NFT? or do i have to wait for the current candle to close so that question can be answered? {image}
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we have a bearish close bellow fractal low - no bias. Then a bullish close - NFT bullish bias. Then price continues lower , so you extend the bottom of the range , but can still look for setups inside discount on the 15m but make sure you keep reevaluating the h4 fractals
Entry is based off the 15M fractal sweep, where as in this example price comes down below the htf range which should extend the range, and then you should be waiting for a new fractal sweep after the extension.
this setup is tricky because the h4 range is in extension and not clean. That’s why he says to reevaluate your htf bias and range after interaction , look at post 42.
for now as you learn I would only trade clear ranges
{quote} this setup is tricky because the h4 range is in extension and not clean. That’s why he says to reevaluate your htf bias and range after interaction , look at post 42. for now as you learn I would only trade clear ranges
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Since there’s no new fractals on h4, this is still a NFT to the downside extension..so this would be new range and now we look for buys in discount.
{quote} Since there’s no new fractals on h4, this is still a NFT to the downside extension..so this would be new range and now we look for buys in discount. {image}
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Now if price sweeps this new fractal low on m15 you have a buy, if we were in KZ
Let’s clarify, make it simple. If you’re on 15M and the h4 fractal ranged is breached, stop looking for trades. Reevaluate h4 bias. The creator mentions this in his latest video
{quote} yep exactly we’re always making sure we’re using the most recent fractal highs and lows especially on h4
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So now its a confirmed FT break from the prev fractal range (which has now shrunk cause we moved the upper range down) so we look for sweeps of fractal highs and look to short on 15 min from anywhere either premium or discount (since its FT), do i understand correctly? if for example its still KZ and we lookin for entries
{quote} So now its a confirmed FT break from the prev fractal range (which has now shrunk cause we moved the upper range down) so we look for sweeps of fractal highs and look to short on 15 min from anywhere either premium or discount (since its FT), do i understand correctly? if for example its still KZ and we lookin for entries {image}
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Very close, however check the recent fractal low break. It was a bearish close then a bullish close which = NFT and there hasn’t been another fractal yet, so we’re still bullish, just pushing range down.
{quote} Very close, however check the recent fractal low break. It was a bearish close then a bullish close which = NFT and there hasn’t been another fractal yet, so we’re still bullish, just pushing range down.
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yes, bearish close (breaks low fractal), then bullish close, and most recently a bearish close with a red fractal, plus another bearish close. then we moved the range down to the new red fractal high. so we still bullish? the last green fractal low has been broken by bear, bull, bear(with new red fractal), bear
{quote} yes, bearish close (breaks low fractal), then bullish close, and most recently a bearish close with a red fractal, plus another bearish close. then we moved the range down to the new red fractal high. so we still bullish? the last green fractal low has been broken by bear, bull, bear(with new red fractal), bear
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yeah even though the last two candles are bear we’re still basing our bias off of fractal breaks only. The new red fractal would have to be breached and have a NFT for there to be bearish bias. If there’s no new fractals being interacted with our bias is still based on the last fractal breach which was the green low fractal which was a NFT to the down side (bullish). Price is just pushing down, but this could be good time to buy in discount when KZ comes around if there’s not another fractal
@FireScape
About your killzone definition.
On page #1 you specified a time range. Perfect
What's your reference time zone?
is it GMT, EST, CET, UTC etc...
Thanks
@FireScape About your killzone definition. On page #1 you specified a time range. Perfect What's your reference time zone? is it GMT, EST, CET, UTC etc... Thanks
