#PriceAction

The Standard Setup

Simple setup that you can easily use in any market. Takes the emphasis of using Ranges, Supply/Demand alongside what a three tap is

Small write up to cover:

- How to format ranges
- Demand/Supply
- Three tap importance

Lets get into it Formatting ranges:

First thing is building the basis of a setup and you can't get a proper read without adding a range.

Building a range allows you to see short term/long term liquidity as price exhausts before re-continuing in a trend

$BTC / $USD

Price approaching the 2D Demand.

Looking for something to develop around that swing low/Npoc for a relief bounce.

Slight FVG into 62-63k confluence with the current range low so looking to see if we come back to fill.

#Bitcoin $BTC / $USD

Zoomed out a bit and noticed we are back at the range low of an old range.

Still marking out that FVG above incase we decide to fill before making another low.

HTF and LTF charts below.

#Bitcoin

Quick sentiment check with a PO3.

#Bitcoin How's everyone holding up?

#Bitcoin

#PriceAction

Understanding Supply/Demand vs Liquidity

Knowing what a Supply/Demand (SD) is and knowing how to use them are different. Small writeup to provide clarity, to my perspective.

Small write up to cover:

- Improper use of SD
- Suggested Use of SD
- Conclusion Improper use of SD, to my perspective.

Price always has an objective. When you have 2 swing points/liquidity pockets we are moving from one end to the other.

Mocking up SD levels between those 2 points will more then likely invalidate as price has decided it will engineer stops

#PriceAction

Broken Swing Points

Wanted to briefly cover instances when I see traders get trapped within different variations as price consolidates and breaks down and how to potentially avoid.

Small write up to cover:

- Broken Swing Points
- Potential Entries
- Conclusion Broken swing points vs SFP's

We know the standard SFP-
Price sweeps a level and reverts to the opposing side.

What If we fail to sweep but close below an SFP?
This is when breakout traders come in and are trapped hence the manipulation cycle.

Notes on the Diagram Chart:

Degen Account:

500$ Start Balance

Price Action is kinda flat so gonna mix it up a bit and break or make this account within this thread.

Need a little bit of fun.

High Risk/High Reward.

#Bitcoin Degen Account Update:

Started the account out with an L risking 20% and cutting it for -5% acc hit.

Currently long on ETH off the daily open and looking for the LTF FVG Fill.

As mentioned; high risk.

Will log the trades once they close and update.

LFG!

#PriceAction

This is how Alts have played out the last few weeks to my perspective and currently.

1. Initial drive up (get people bullish)
2. Sell off into HTF Demand (Sentiment flips bearish)
3. Price gets back above with trapped funds in lock.

Examples attached. 2/4

When you see price move up early in the week and sentiment favoring a certain side its good to zoom out and mark out your untested HTF Demands as we might be engineering liquidity.

(Notes on chart)

#PriceAction

Range strategy

Quick write up on a commonly used setup I tend to look for when price ranges.

Criteria is as such:

- Range Forms
- Price sweep/deviation of range point
- MSB (Market structure break)
- Test of formed SD
- TP

Enjoy! Range forms

Price outlines two swing points in the market.

Price sweep/deviation

Following the identified swing points- price proceeds to sweep/deviate before closing back inside range

#PriceAction

Here is a write up on trapping market participants to my understanding:

Using current price action as an example:

1. Accumulation:Postions Build up
2. Distribution into breakout traders.
3. Re Distribtion into liquidity pockets

Enjoy!

#btc 1. Accumulation:Postions Build up

Postions build up, market participants chopped within a short term accumulation.

Notes on the chart:

#PriceAction

The only way to better your edge is by going into previous PA and having a level of understanding towards it

Dissected this previous PA and some stuff I observed:

Hope it helps

1. Relevant Swing Points
2. Market Structure Break
3. Formed Supply:TP
4. Conclusion 1. Relevant Swing Points

Price trends down with local sweeps at each stop. In blue we form a set of equal highs without a local sweep. (MSB below was a formed breaker)

Price comes back to equal highs and engineers liquidity/price sweep prior to breaking down

Notes on chart

#PriceAction

Stop Loss vs Hard Stops

Wanted to go over a key topic I find important and that’s knowing when to cut your loses early on a systematic approach

Hard stops are in place to limit your loses and resolute around key levels

1.Long Example
2.Short Example
3.Conclusion 1. Long Example

When looking for longs it’s crucial to find formed demand levels/breakers above your key levels. Stop loss placements are around previous formed swing points.

Closes below key levels are signs of weakness and make for a manual exit.

Notes on the chart

/

Current thoughts.

Dips are for buying.

Sentiment gets very bearish when price attempts to print a higher low rather than wait for price distribution to play out.

Looking for longs on pullbacks but willing to short scalps.

Let’s see what we get.

#btc /

HTF picture.

Lows ran, deviation with a break back inside and looking for a dip into daily breaker for a move up to weekly breaker.

Cleans up top.

#PriceAction

Write up on how you can set yourself up between different time frames and have a filtered bias and game plan as the market moves

Using current PA:

1. Importance of Multi Bias Setups
2. HTF Resistance Setups
3. Mid TF directional bias
4. LTF scalps
5. Conclusion 1. Importance of Multi Bias Setups

As the market moves you’re fortunate enough to play either direction. Rather than be stuck on a one sided bias have a game plan for each time frame.

#PriceAction

Just wanted to comment on current price action and what I personally think price is doing.

Price goes from ranging to trending, accumulation to distribution and vice versa.

Simple price action delivery.

1. Previous PA
2. Current PA
3. Conclusion 1. Previous Price Action

Price trends and untapped buy side liquidity engineers.

Price enters a range which we can mark up as distribution. Rather than make new highs/lows it distributes.

MSB failure to shift new highs.
Price trends down with price re- distribution.

/

Price trading below EQ following a sweep of range high and rejected off formed H1 breaker.

Slowly trending to range low with a good amount of chop.

#bitcoin /

M15 formed range and low sweep inside formed H1 demand.

Sell wide liquidity left untapped above on this drive down so let’s see if price can get above.

$BTC / $USD

M5 range redefined inside the M30 range and H1 range.

Market is completely range bound but respecting set levels.

Will prob resolute around weekly close or traditional markets open.

#bitcoin $BTC / $USD

LTF MSB and shift to the downside following a run of range high.

H1 breaker formed mid range. Anything above grey and we get another move to the high.

For now we should trend down to range low.

#PriceAction Example

Just a quick run down on some ETH action using a mixture of HTF and LTF.

1. HTF range and Daily level
2. LTF range
3. How to identify/setup

Hope it helps! 1. HTF range and daily level

Daily range marked out by swing low and swing high.

Daily demand forms (down move that broke MS)

#PriceAction

Quick write up on a setup I had took last week.

Hope it helps!

1. Price deviation
2. Supply formed following MSB/ MS shift
3. Price comes to supply
4. Entry/Target triggers
5. Reference tweets 1. Price deviation

Deviation confirms once price breaks back inside range and MS shifts.

2. Supply forms

Untested supply forms following the market structure break and shift indicating change of ltf trend.

#PriceAction

Beautiful PA today.

Currently sitting in a long and wanted to go on a step by step process on what the market displayed today.

1. Market Structure Break
2. Breaker Forms
3. Market Structure Shift
4. OTE + FIB
5. Price back to discount (Breaker)



2/4

1. Market Structure Break
MS breaks indicating we have shifted LTF trend.

2. Breaker Forms
Up candle that led to break in MS failing to hold as institutional context flips into a breaker.

#Educational

Price Action Delivery

1. Retracement
2. Reversal
3. Consolidation
4. Expansion

It’s important to identify what cycle the market is producing before entering a trade.

Went ahead and a made small brief explanation for each.

Would appreciate if you share. 2/6

1. Retracement

The market pulls back to an area of liquidity. It can either deviate and or run a significant low to trend the market.

$BTC / $USD

Market is ranging below this H4 EQ.

A raid below + deviation close back inside range is a clear long. Closes back above EQ (0.5) with a shift in MS and I’ll look for ltf longs to range high. (7490+)

Red is untapped liquidty. $BTC / $USD

Daily SFP with H1 close coming up above EQ.

Have a small long riding up to range high.