MTF Engulf / Engulf fail

Quoting sukacabe

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Hello Inthebox, First of all I would like to thank you for sharing your method with us. Although this method seems difficult and complicated for me, I'm trying my best to understand it slowly On screenshot below I try to draw engulfing zones on BTCUSDT H4 chart, please take a look. Did I draw it correctly? And how should I make my analysis based on it? Is it if Bullish EG (H4) ² fail, price will try to reach Bullish EG (H4) ¹? and if Bearish EG (H4) ¹ fail, price will continue its rally? {image}

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Quoting LeongPuiy

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What a idiot i am, lack confident due to data coming later, it retest 5m fvg within 1h bullish eg , i close it n bounce {image}

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Quoting Inthebox

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after the settling down of cpi news. switch to lower time frames to watch price action. {image}

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Quoting Inthebox

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{quote} since this is your first post, it came out very late. i could have miss it. my comments in the charts. this is as simple as i can do. {image}

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Quoting LeongPuiy

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Daily support and daily bullish EG. but still pretty strong bearish structure from 15m-4h. {image}

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Quoting sukacabe

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Am I on the right track now? {image} {image}

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Quoting Inthebox

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{quote} it's safer to look for buy when above today opening gap.

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Quoting LeongPuiy

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{quote} ok. about the S/R , i have a question, i saw your post recently, we can take the multiple candles closed / open price as a S/R lvl? like the daily i show early.

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Quoting Inthebox

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risky try at buy {image}

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Quoting Inthebox

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risky try at buy {image}

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Quoting witowito

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{quote} "Bigger picture view... plenty of scalps opportunities here and there along the way, of course." {image}

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