CONSOLIDATION THURSDAY REVERSAL PROFILE
THREAD ๐งต
1. Consolidation Monday through Wednesday.
2. On Thursday price runs the intra week low and into HTF Discount Array and rejects it.
3. Confirmation after a 4H CISD or H1 MSS.
4. Expect expansion on Thursday and Friday.
THREAD ๐งต
1. Consolidation Monday through Wednesday.
2. On Thursday price runs the intra week low and into HTF Discount Array and rejects it.
3. Confirmation after a 4H CISD or H1 MSS.
4. Expect expansion on Thursday and Friday.
HIGH PROBABILITY FRIDAY:
In this profile we can expect Friday to be a high probability day (Expansion) if the weekly target has not been reached.
We often form a small range day or pullback on Friday but in this profile the expansion phase is reserved for Thursday and Friday.
In this profile we can expect Friday to be a high probability day (Expansion) if the weekly target has not been reached.
We often form a small range day or pullback on Friday but in this profile the expansion phase is reserved for Thursday and Friday.
TUESDAY AND WEDNESDAY:
Both Tuesday and Wednesday can be down days moving into the HTF Discount Array.
Both Tuesday and Wednesday can be down days moving into the HTF Discount Array.
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