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Video Transcript:
There is an FG here, here, all that. Right? So, some of you may be thinking, okay, why are we not putting so much of emphasis on this FG? If this gets inverted, then what? No, I mean, I’m not going to pay too much attention. Even if it gets inverted, it would still be trading in this order block, right? Or or for that matter, this two consecutive FGS here. Even if these two get inverted and it’s trading here, is still in this order block. We want to see the price trade through this order block and then you have a very high probable bearish case. Okay. So, uh that’s here on a 15minut. Let me again clean this up.
Same thing, right? So, again, nothing really different here. Um
this this area right is the order block. So you want to again same whatever we’re talking about there applies here as well. So really nothing different. Um now for the best bearish case from here you don’t want well I mean I because it’s an endog I’m not going to put too much uh weight onto it but idea is that you know it may go higher run this take this whatever come down we’ll see what the open looks like right um so this is NQ guys right uh let’s also look at uh our uh uh London low uh it would be a valid long and uh where is that long position I would have long let’s say if it stays here where will be my target
um let’s just analyze it this is the dealing range I will be looking at so from 165 uh 2110. That doesn’t sound that great. Um, what I will do is, uh, likely will start to manage my stop loss once it gets here. But I’m not taking profits here. I would actually, you know, this is an envo right here. You see this blue line? This would be my my first target. It uh, opened right out of the gate. The market did sell off. And where did it reverse from this particular level of weekly immediate rebalance which is 23112 level right? And uh this is something wherein the algorithm really shows its hand and then you know um you know this is a signature that you look for uh especially when you’re looking for a reversal or a retracement from this level and that’s exactly what happened. All right. Um so that was one and then the other was as the reversal was happening what was a true level where one could have at least um taken profit for because we at that point in time we didn’t know whether it wanted to go higher uh like and and take this high or uh maybe it was just a retracement and not a reversal and it may come down and really the thing that I drew which I’m going to draw it again was this dealing range from where the selloff started right high to the and the equilibrium which is the green line at 23 229 and you know it hit the target right there. Okay. So again um really um there were really fluent algorithmic delivery this morning and uh you know you have a lot more high probability retracement/reversal when you have when you identify these signatures real time. All right so that’s about it for this and I’ll see you in the next.
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