16. Master Class [8] - M's and W's Flashcards
When is the only time to bet into the peak formation?
When you understand the liquidity on the left and where the market makers price targets (probably) are
What shows you a change in momentum and allows you to get in early?
The TDI indicator
How often do vector candles only get 50% recovered?
Vector candles get 50% recovered 70% of the time
When the 50 EMA is flat and there are candles with wicks on either side, what are you seeing?
The market maker fulfilling orders, both longs and shorts trying to catch the breakout, and pinging their liquidation points (stops) on either side
Where in the W formation do you see a stop-hunt rise drop?
At the mid-point
When you see a green vector candle appear above the 50 EMA, what is the key thing to be noting?
The confirmation candle that follows it - does it go anywhere or stay put with some stopping volume? This will indicate either a stop-hunt rise or a shift out of the zone
The reverse is obviously true for red vectors below the 50 EMA
Where is the psychological zone of a W formation
The mid-point block of behaviour
Where do vectors appear in a W formation?
See the pink arrows in this image
When market maker is serious about completing the W pattern and shifting out of the zone, what will you notice on the first retrace to the 50 EMA?
Total recovery of the green vector candle that pushed price upwards
Red vector candles are achieving what for the market maker in a W formation?
Building their long positions below a key level (likely a whole number)
