NovaTrades
NovaTrades

@NovaTrades_

10 Tweets 224 reads May 31, 2023
A simplified guide to Bearish PD Array’s and how to frame/trade bearish setups🧵:
1/ Wait for price to engage a HTF Premium PD Array
Once this occurs, observe the m15 chart for a rejection block to form.
Price should reject this structure before displacing down.
Rejection blocks are where turtle soup entries are taken.
(Example)
2/ Up next comes your order block(s).
This is usually your rejection block and any other up-closed candle prior to the displacement down:
(Example)
3/ You look for a liquidity void or volume imbalance to form from the displacement down.
In simple terms, your -FVG:
(Example)
4/ Last but not least, you will have either a mitigation or breaker block form completion the Bearish PD Array:
(Example)
5/ Measure your current leg PD Array to determine your premium and discount, add your shorts inside a premium structure:
(For today, that would be the premium breaker block)
6/ This array builds up your structure for the first leg distribution.
Your second leg distribution will be your silver bullet.
The same sequence of a bearish PD Array will form here again.
Rejection -> OB -> FVG -> BRK/mitigation.
(Example)
This setup is fractal, meaning you will see this form on any time frame.
HTF provide better probability setups, but you can definitely move from a HTF to LTF chart to refine your entry points.
That’s all for today!
PS.
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We also have our FREE trading community where you will find traders (and us) helping out daily.
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