DislikedAfternoon all, I am currently demo testing the strategy and have a few questions regarding TL breaks creating zones and confirmation entries. 1: Does a S/D zone created by a TL break need to have a 2:1 move away to be validated? 2: If a new LTF supply zone created by a TL break is a result of price reacting to an original LTF supply zone which is nested or near HTF supply, is the new LTF supply zone valid for shorts? - see cable example on charts below 3: When price reaches HTF supply for the first time, is it preferable to identify original LTF...Ignored
on daily chart,you draw a trendline is incorrect, and it's not supply
monthly downtrend sz is in control but bad structure there is stairs and no 2 : 1 imbalance, so we need confrimation (high in the curve)
weekly uptrend sz cp is in control (high in the curve)
daily uptrend
SHORT BIAS FOR NOW! CONFIRMATION NEEDED! Cheers!