RektProof.
RektProof.

@RektProof

6 Tweets 1,780 reads Jun 13, 2021
#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.
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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.
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2. Reversal
The market reverses after engineering liquidity. Market Structure is broken and the trend is shifted whether it’s short, mid or long term.
4/6
3. Consolidation
One of the cycles that tends to chop and cause directional flip in bias multiple times. The market trades in a tight range before deciding its next directional trend. Not the best cycle to plant setups.
5/6
4. Expansion
After a tight consolidation coming off a healthy reversal point the market decides the trend into the next area of liquidity pocket whether it’s a swing point and or a SR level (supply).
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Conclusion.
Market structure is key.
Identifying what cycle the market is painting in Market Structure will allow you to know which trades to avoid and which have the highest hit rate.
Under and know your market.
@iCrypToldYouSo @SteveCalavera That’s a diff type of market profiling. That’s when you have accumulation- re accumulation: distribution- re distribution etc etc. this is just a market cycle with a set market structure.
Market profiling is htf positional

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