This chart explains how I use Market Structure, Order Blocks, and the 0.618 Fibonacci retracement to identify high-probability trading setups.
My process:
✅ Identify the current market structure.
✅ Wait for a Change of Character (CHOCH) to confirm a potential trend change.
✅ Look for a Break of Structure (BOS) in the new trend direction.
✅ Mark the strongest Order Block (Demand Zone).
✅ Use the 0.618 Fibonacci level for additional confirmation.
✅ Wait patiently for price to retrace into the zone before looking for an entry.
The best setups usually occur when:
Market Structure confirms the trend.
BOS confirms momentum.
The Order Block aligns with the 0.618 Fibonacci level.
Price returns to the Demand Zone after creating liquidity.
⚠️ This chart is shared for educational purposes only. It is not financial advice. Always use proper risk management and wait for confirmation before entering any trade.
#Trading #Forex #AUDUSD #MarketStructure #CHOCH #BOS #OrderBlock #DemandZone #Fibonacci #SmartMoneyConcepts #SMC #PriceAction #TechnicalAnalysis #TradingEducation #TradingView
My process:
✅ Identify the current market structure.
✅ Wait for a Change of Character (CHOCH) to confirm a potential trend change.
✅ Look for a Break of Structure (BOS) in the new trend direction.
✅ Mark the strongest Order Block (Demand Zone).
✅ Use the 0.618 Fibonacci level for additional confirmation.
✅ Wait patiently for price to retrace into the zone before looking for an entry.
The best setups usually occur when:
Market Structure confirms the trend.
BOS confirms momentum.
The Order Block aligns with the 0.618 Fibonacci level.
Price returns to the Demand Zone after creating liquidity.
⚠️ This chart is shared for educational purposes only. It is not financial advice. Always use proper risk management and wait for confirmation before entering any trade.
#Trading #Forex #AUDUSD #MarketStructure #CHOCH #BOS #OrderBlock #DemandZone #Fibonacci #SmartMoneyConcepts #SMC #PriceAction #TechnicalAnalysis #TradingEducation #TradingView
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.