All language subtitles for 4.1 - 3 Types of Structure Application

af Afrikaans
sq Albanian
am Amharic
ar Arabic Download
hy Armenian
az Azerbaijani
eu Basque
be Belarusian
bn Bengali
bs Bosnian
bg Bulgarian
ca Catalan
ceb Cebuano
ny Chichewa
zh-CN Chinese (Simplified)
zh-TW Chinese (Traditional)
co Corsican
hr Croatian
cs Czech
da Danish
nl Dutch
en English
eo Esperanto
et Estonian
tl Filipino
fi Finnish
fr French
fy Frisian
gl Galician
ka Georgian
de German
el Greek
gu Gujarati
ht Haitian Creole
ha Hausa
haw Hawaiian
iw Hebrew
hi Hindi
hmn Hmong
hu Hungarian
is Icelandic
ig Igbo
id Indonesian
ga Irish
it Italian
ja Japanese
jw Javanese
kn Kannada
kk Kazakh
km Khmer
ko Korean
ku Kurdish (Kurmanji)
ky Kyrgyz
lo Lao
la Latin
lv Latvian
lt Lithuanian
lb Luxembourgish
mk Macedonian
mg Malagasy
ms Malay
ml Malayalam
mt Maltese
mi Maori
mr Marathi
mn Mongolian
my Myanmar (Burmese)
ne Nepali
no Norwegian
ps Pashto
fa Persian
pl Polish
pt Portuguese
pa Punjabi
ro Romanian
ru Russian
sm Samoan
gd Scots Gaelic
sr Serbian
st Sesotho
sn Shona
sd Sindhi
si Sinhala
sk Slovak
sl Slovenian
so Somali
es Spanish
su Sundanese
sw Swahili
sv Swedish
tg Tajik
ta Tamil
te Telugu
th Thai
tr Turkish
uk Ukrainian
ur Urdu
uz Uzbek
vi Vietnamese
cy Welsh
xh Xhosa
yi Yiddish
yo Yoruba
zu Zulu
or Odia (Oriya)
rw Kinyarwanda
tk Turkmen
tt Tatar
ug Uyghur
Would you like to inspect the original subtitles? These are the user uploaded subtitles that are being translated: 1 00:00:10,440 --> 00:00:13,410 Now that we've discussed the three different types of structure, what they 2 00:00:13,410 --> 00:00:16,710 mean and how we can understand what's happening within swing structure. 3 00:00:16,710 --> 00:00:18,730 The best thing we can do now is just hop on the charts. 4 00:00:19,410 --> 00:00:24,270 Take a look at a few examples to better understand the interactions 5 00:00:24,270 --> 00:00:27,810 between three different types of structure and what it means when 6 00:00:27,815 --> 00:00:28,980 we're looking at an overall trend. 7 00:00:29,130 --> 00:00:34,140 And what I'll do is I'm just gonna pick this section of your us dollar, and 8 00:00:34,145 --> 00:00:35,550 we're just gonna dig into this UPT trend. 9 00:00:35,550 --> 00:00:39,720 So as we can see from this bit of structure, we've just seen 10 00:00:39,750 --> 00:00:41,280 a daily change of character. 11 00:00:41,280 --> 00:00:42,780 So we were making lower lows and lower. 12 00:00:43,455 --> 00:00:46,605 We've broken daily swing structure, and we're starting to create an up trend. 13 00:00:46,755 --> 00:00:49,215 And on the four hour, we started to see our change of 14 00:00:49,215 --> 00:00:50,535 character a little bit lower. 15 00:00:51,315 --> 00:00:55,095 And we'll just start in this section as we are just about to break this 16 00:00:55,095 --> 00:00:59,175 daily swing points to switch the trend from bearish to bullish. 17 00:00:59,805 --> 00:01:03,825 So as we can see, if we just zoom in, we have. 18 00:01:04,905 --> 00:01:07,395 we have our impulsive leg on the four hour here. 19 00:01:07,395 --> 00:01:11,145 We have a swing low and a swing high price corrects to the downside and the 20 00:01:11,145 --> 00:01:12,645 moves to the upside breaking structure. 21 00:01:12,975 --> 00:01:16,905 In this case, what we can see here on the four hour is we just have sub-structure. 22 00:01:17,955 --> 00:01:19,125 and then price breaks the high. 23 00:01:19,635 --> 00:01:24,345 And even then the sub structure doesn't create any sort of real true structure 24 00:01:24,345 --> 00:01:28,455 that we can look at on a four hour chart, but on a lower timeframe, 25 00:01:28,455 --> 00:01:32,415 we'd be able to use the structure to make informed trading decisions. 26 00:01:32,445 --> 00:01:34,755 And this is where multi timeframe analysis. 27 00:01:34,755 --> 00:01:38,925 This is where multi timeframe charting is going to really come in handy 28 00:01:38,925 --> 00:01:40,965 and become incredibly powerful. 29 00:01:41,325 --> 00:01:43,335 So we just continue on what we can see is we've. 30 00:01:43,875 --> 00:01:46,155 We created this new swing point on the four hour chart. 31 00:01:46,155 --> 00:01:48,884 And as we can see, price is creating structure. 32 00:01:49,275 --> 00:01:51,765 We see a low being formed. 33 00:01:52,125 --> 00:01:56,235 What seems to be a lower high price then matches the low breaks, the high. 34 00:01:56,235 --> 00:01:58,755 So in theory, this would be a change of character. 35 00:01:58,785 --> 00:02:03,164 Although we didn't actually break a low and then break a high, 36 00:02:03,315 --> 00:02:05,445 we more or less created a low. 37 00:02:06,104 --> 00:02:09,644 Created a higher, low broke the high, and then we're starting to continue up. 38 00:02:09,644 --> 00:02:13,215 So it's a little bit different take on a change of character, but as we know, the 39 00:02:13,215 --> 00:02:17,865 markets are not perfect and we can only work with the data that we are given, but 40 00:02:17,865 --> 00:02:22,185 what we can see very clearly is that price creates a higher high within the range. 41 00:02:22,425 --> 00:02:26,204 So we've created up until this point sub structure, and then we 42 00:02:26,204 --> 00:02:27,644 start creating minor structure. 43 00:02:27,644 --> 00:02:29,505 Once we break this high, create a higher. 44 00:02:30,165 --> 00:02:30,825 High or low. 45 00:02:30,825 --> 00:02:36,465 And then we go running the previous swing high to form a new high. 46 00:02:36,765 --> 00:02:38,955 And what we can see is price creates a high. 47 00:02:38,955 --> 00:02:41,235 Initially we start to create sub structure. 48 00:02:41,595 --> 00:02:45,285 We move to the upside once again, but we don't actually break and close above. 49 00:02:46,109 --> 00:02:50,010 The four hour high price then creates another bit of sub-structure, which 50 00:02:50,010 --> 00:02:54,240 breaks below this bit of sub-structure and then continues to move to the upside 51 00:02:54,240 --> 00:02:57,240 breaking once again, the swing high. 52 00:02:57,390 --> 00:03:01,500 And this is where we see that true daily point being broken. 53 00:03:01,530 --> 00:03:03,900 The trend is now switched from bearish to bullish on a daily chart. 54 00:03:03,900 --> 00:03:08,040 And as we can see, we are in a very strong four hour bull trend as price. 55 00:03:08,040 --> 00:03:08,430 Continue. 56 00:03:10,065 --> 00:03:14,115 And then if we'll just continue on what we can see is we now have this impulsive leg 57 00:03:14,115 --> 00:03:17,205 or this swing structure on the four hour. 58 00:03:17,775 --> 00:03:21,075 And what we can see is a little bit more clearly we're creating sub structure. 59 00:03:21,675 --> 00:03:25,785 We get a change of character, press comes down and then continues to the upside. 60 00:03:26,115 --> 00:03:29,010 And if we just look at this a little bit more granularly again, When 61 00:03:29,010 --> 00:03:32,700 we're just talking about market structure, all of the concepts apply. 62 00:03:32,730 --> 00:03:36,330 Regardless if you're looking at swing structure, sub structure, and minor 63 00:03:36,330 --> 00:03:40,080 structure, that when we're looking at the overall range of the swing 64 00:03:40,080 --> 00:03:42,150 structure, as long as this low. 65 00:03:42,750 --> 00:03:43,799 Isn't violated. 66 00:03:43,829 --> 00:03:44,940 We're still in a uptrend. 67 00:03:44,970 --> 00:03:48,630 And once this, and once this high is broken, we're expecting 68 00:03:48,630 --> 00:03:50,309 a new high or high to print. 69 00:03:50,519 --> 00:03:53,489 So anything that happens within here is just contained within 70 00:03:53,549 --> 00:03:54,899 this range of swing structure. 71 00:03:55,079 --> 00:03:57,420 And the same can be said for our substructure. 72 00:03:57,420 --> 00:04:00,390 So as we can see, we come down, we come up, we create a lower 73 00:04:00,390 --> 00:04:01,920 high, we create a lower low. 74 00:04:02,100 --> 00:04:05,969 So when we're looking at this range in price, as long as this high isn't 75 00:04:05,969 --> 00:04:07,799 violated, we're still in sub structure. 76 00:04:07,799 --> 00:04:11,609 And we're still in that down trend contained within. 77 00:04:12,015 --> 00:04:12,885 The swing structure. 78 00:04:13,155 --> 00:04:16,755 And then as we can see, we break to the upside, we create a new, higher 79 00:04:16,755 --> 00:04:18,404 high, we've seen a change of character. 80 00:04:19,154 --> 00:04:23,505 So what we can then do is look at this range in price, cuz now 81 00:04:23,510 --> 00:04:25,245 we have our low and our high. 82 00:04:25,515 --> 00:04:28,125 So we're now starting to see higher highs and potentially higher lows. 83 00:04:28,125 --> 00:04:30,075 We haven't actually formed any sort of higher, low yet. 84 00:04:30,465 --> 00:04:31,545 We see price does come down. 85 00:04:31,545 --> 00:04:32,115 It does. 86 00:04:33,090 --> 00:04:34,680 break lower than this. 87 00:04:34,710 --> 00:04:37,260 But the key thing here is that price doesn't actually 88 00:04:37,260 --> 00:04:39,000 close below that swing point. 89 00:04:39,150 --> 00:04:43,020 And even if it did, it's not a big issue, but as we can see, we then run 90 00:04:43,020 --> 00:04:44,940 to the upside, creating a new high. 91 00:04:45,900 --> 00:04:50,070 If this price did start doing something like this, again, we would just have 92 00:04:50,130 --> 00:04:53,850 sub structure, minor structure, sub structure, and then minor structure. 93 00:04:53,850 --> 00:04:56,580 If we continue to break to the upside, we won't know that's 94 00:04:56,580 --> 00:04:58,020 gonna happen until it happens. 95 00:04:58,050 --> 00:05:00,750 And at that point, we just have to adjust our analysis. 96 00:05:01,155 --> 00:05:05,325 Flow with the market and don't force your will on it, just because it did a 97 00:05:05,325 --> 00:05:09,345 change of character here doesn't mean that it can't break down to create more 98 00:05:09,345 --> 00:05:13,935 substructure because as we know, prices contained within this range and for it to 99 00:05:13,935 --> 00:05:18,345 remain bullish, it can still come down as low as here before coming to the upside. 100 00:05:18,345 --> 00:05:21,045 And as we can see, we do have a valid demand zone at the 101 00:05:21,045 --> 00:05:23,325 bottom of this entire range. 102 00:05:23,385 --> 00:05:27,375 So this would be a valid point to look for a potential buy as well. 103 00:05:27,375 --> 00:05:28,605 If price did come down that. 104 00:05:29,849 --> 00:05:32,010 We'll move on and just look at this bit of price. 105 00:05:32,010 --> 00:05:36,960 So what we can see is price moves impulsively to the upside from 106 00:05:36,960 --> 00:05:39,120 the swing low to this swing high. 107 00:05:39,870 --> 00:05:43,140 And as we can see, we create again, sub structure. 108 00:05:44,055 --> 00:05:46,905 And as we say, in this case, we don't actually get minor 109 00:05:46,905 --> 00:05:48,855 structure in its true form. 110 00:05:48,855 --> 00:05:51,105 We can see that we just get more or less equal highs. 111 00:05:51,135 --> 00:05:55,395 We're creating more of a range in price and the price comes, moves to 112 00:05:55,395 --> 00:05:58,725 the upside breaks, the previous swing high and forms a new, higher high. 113 00:05:59,085 --> 00:06:02,025 Now of course, if we looked on a lower timeframe, this would more 114 00:06:02,055 --> 00:06:06,045 than likely be some sort of change of character and we'd be able to derive. 115 00:06:06,495 --> 00:06:09,765 The understanding that we've switched from sub structure to minor structure 116 00:06:09,765 --> 00:06:13,725 and then continued to break the overall swing structure that we see on the chart. 117 00:06:15,315 --> 00:06:17,715 So when we look at this next bit of price action, there's a little 118 00:06:17,715 --> 00:06:22,965 bit of multi timeframe analysis to factor in to be able to better 119 00:06:22,965 --> 00:06:25,065 understand how structures played. 120 00:06:25,070 --> 00:06:27,975 Because if we're just looking at this bit of structure here, 121 00:06:27,975 --> 00:06:29,565 we know that our lows would be. 122 00:06:30,344 --> 00:06:33,974 Our new high is here because price created ranged just like that price pulled back 123 00:06:33,974 --> 00:06:35,505 and then continued creating a higher high. 124 00:06:35,985 --> 00:06:39,435 But as you can see, I don't have a low mapped out here or 125 00:06:39,435 --> 00:06:40,965 a higher, low mapped out here. 126 00:06:40,995 --> 00:06:42,284 It's maintained here. 127 00:06:42,735 --> 00:06:44,745 And this is still part of the bullish leg. 128 00:06:45,735 --> 00:06:48,945 now, if you were looking at the four hour in isolation, yes, it does break 129 00:06:48,945 --> 00:06:52,425 structure and we start to create what looks to be a bears trend. 130 00:06:52,545 --> 00:06:57,555 And then we do get a change of character, but because this exists 131 00:06:57,555 --> 00:07:00,795 and we're still bullish on the daily chart, this is what we would refer 132 00:07:00,795 --> 00:07:03,015 to as a variance in market structure. 133 00:07:03,165 --> 00:07:05,025 And what I mean by a variance. 134 00:07:05,605 --> 00:07:09,565 We're starting to see the four hour creating lower lows and lower highs 135 00:07:09,565 --> 00:07:12,715 while the daily is still creating higher highs and higher lows. 136 00:07:12,715 --> 00:07:15,835 So if I just pull this back, we're gonna go to the daily chart and 137 00:07:15,835 --> 00:07:19,465 just look at this bit of price action in a little bit more detail. 138 00:07:19,555 --> 00:07:23,215 And what we'll do is we'll look at this point here and this 139 00:07:23,215 --> 00:07:24,565 point here on a daily chart. 140 00:07:25,805 --> 00:07:28,735 So what we can see when we map that out is when we're looking 141 00:07:28,735 --> 00:07:30,295 at this in general daily. 142 00:07:30,825 --> 00:07:31,395 Market structure. 143 00:07:31,395 --> 00:07:34,245 What we can see is this is just one large impulsive leg. 144 00:07:34,695 --> 00:07:38,715 And when we're looking at market structure, we know that the larger, 145 00:07:38,715 --> 00:07:42,344 the impulsive leg, the more room that price has to move to the downside. 146 00:07:42,554 --> 00:07:45,015 And we know on a four hour chart, if price is to correct. 147 00:07:45,705 --> 00:07:47,985 we're gonna see lower lows and lower highs, more than likely 148 00:07:47,985 --> 00:07:51,854 forming on the lower timeframe as that daily chart pulls back. 149 00:07:52,635 --> 00:07:56,385 So what we can see is on the four hour chart, this little section right here, 150 00:07:56,414 --> 00:07:57,765 we'll go back up to the daily chart. 151 00:07:58,215 --> 00:08:00,945 We can see that it is a minor pullback on the daily chart. 152 00:08:00,974 --> 00:08:05,745 Although in my personal opinion is not so much a bit of structure, 153 00:08:05,865 --> 00:08:07,335 but a small pause in the market. 154 00:08:07,335 --> 00:08:08,414 It's a consolidation. 155 00:08:09,120 --> 00:08:12,570 And what we can see very clearly is price does break that. 156 00:08:12,630 --> 00:08:14,609 So we do get a four hour change of character. 157 00:08:14,609 --> 00:08:17,490 So if we go back to the four hour, once again, we've broken the low, like I said, 158 00:08:17,490 --> 00:08:20,099 we're starting to create lower lows and lower highs, but because we're trading 159 00:08:20,099 --> 00:08:26,159 within the larger daily impulsive range, we can look at that and start to identify 160 00:08:26,159 --> 00:08:27,510 it in a slightly different manner. 161 00:08:27,690 --> 00:08:30,510 Again, we'll touch on this, more in the liquidity section, but as we can see, 162 00:08:30,510 --> 00:08:33,120 we have this collection of equal lows. 163 00:08:33,364 --> 00:08:37,145 Which implies that there are multiple orders that rest below this 164 00:08:37,584 --> 00:08:42,094 structural point price is more than likely going to tap into that range. 165 00:08:43,084 --> 00:08:45,694 And what we can see is also we have more equal lows here 166 00:08:45,875 --> 00:08:47,824 followed by a daily demand zone. 167 00:08:48,244 --> 00:08:51,724 So what we would expect is that price would more than likely tap into this 168 00:08:51,935 --> 00:08:56,405 spot before it runs to create a new, higher high on the daily swing structure. 169 00:08:56,555 --> 00:08:59,464 And as we can see if we just eliminate this. 170 00:08:59,865 --> 00:09:06,075 Set of lows as a primary swing point, we can see that price creates lower 171 00:09:06,075 --> 00:09:11,565 lows and lower highs and then changes character breaking the high and 172 00:09:11,565 --> 00:09:13,035 starts to create minor structure. 173 00:09:13,185 --> 00:09:14,775 Before we actually take out the. 174 00:09:15,510 --> 00:09:16,709 Swing structural high. 175 00:09:17,069 --> 00:09:19,739 Now of course, from a four hour perspective, we can absolutely 176 00:09:19,745 --> 00:09:23,969 use this as a structural point and then start to say that we're now 177 00:09:23,974 --> 00:09:25,800 creating lower lows and lower highs. 178 00:09:25,800 --> 00:09:27,300 We're breaking structure to the downside. 179 00:09:27,300 --> 00:09:29,010 There's absolutely nothing wrong with that. 180 00:09:29,069 --> 00:09:32,339 So in that case, if we're looking at it here, we would have some sub structure. 181 00:09:32,609 --> 00:09:35,520 We have minor structure being created within this candle. 182 00:09:35,520 --> 00:09:37,979 Again, it would be seen more on a lower timeframe. 183 00:09:38,520 --> 00:09:41,430 We had this sort of price action that creates. 184 00:09:42,330 --> 00:09:43,260 the lowest slow. 185 00:09:43,590 --> 00:09:47,250 We break to the high and we start creating a large impulsive leg. 186 00:09:47,250 --> 00:09:50,400 So on the four hour, yes, we can consider this the start of a bear 187 00:09:50,400 --> 00:09:53,700 trend, but then when we factor in liquidity concepts, again, we'll touch 188 00:09:53,700 --> 00:09:55,560 on that in the next set of videos. 189 00:09:55,770 --> 00:10:01,650 And the fact that the daily is in a larger swing structure, we could disregard 190 00:10:01,650 --> 00:10:04,200 this point as a true four hour low. 191 00:10:04,500 --> 00:10:08,100 Use it at this point and looking at it from a four hour structure and 192 00:10:08,100 --> 00:10:09,750 looking at this as the sub structure. 193 00:10:10,125 --> 00:10:12,344 Creating minor structure and then moving to the upside. 194 00:10:12,675 --> 00:10:15,735 But again, this is combining a few extra bits that might not 195 00:10:15,735 --> 00:10:20,055 necessarily seem overly clear yet, but it will be very clear very soon. 196 00:10:20,775 --> 00:10:25,515 So what we'll do is we'll just move on just a little bit more, 197 00:10:26,265 --> 00:10:27,104 move back to where we were. 198 00:10:27,285 --> 00:10:27,584 Okay. 199 00:10:27,589 --> 00:10:28,064 Perfect. 200 00:10:28,214 --> 00:10:32,444 And what we can see is we now create a high and again, similar to what happens. 201 00:10:33,180 --> 00:10:36,360 Back here where we created a high, we started to create some, 202 00:10:36,360 --> 00:10:38,729 sub-structure created a new, lower, low. 203 00:10:39,390 --> 00:10:41,670 We moved back to the high, we wick it. 204 00:10:41,670 --> 00:10:46,620 And then we continue back to the downside, creating lower lows and lower highs. 205 00:10:46,620 --> 00:10:48,900 And what we can see here is we get a change of character. 206 00:10:48,900 --> 00:10:53,219 We've now started to create minor structure before we take out the previous. 207 00:10:53,564 --> 00:10:54,974 Swing structural high. 208 00:10:55,214 --> 00:10:58,665 This also coincides with a daily level as well as a four hour level. 209 00:10:58,694 --> 00:11:01,785 So it's a very key bit of structure that is happening here. 210 00:11:01,935 --> 00:11:07,755 And one thing I also want to just touch on very quickly is how I would be mapping 211 00:11:07,755 --> 00:11:13,305 out a break of structure, just so that it gets cleared up as quickly as possible. 212 00:11:13,665 --> 00:11:19,094 So say we are in a up trend and we create a high just like this. 213 00:11:20,145 --> 00:11:22,245 This would be the high that we're looking to break. 214 00:11:22,694 --> 00:11:27,194 I would only consider this structural broken if we break and 215 00:11:27,199 --> 00:11:30,015 close above the previous high. 216 00:11:30,735 --> 00:11:32,834 So in this case, let me just take all this stuff. 217 00:11:33,615 --> 00:11:38,235 So if I see future price, action breaking and closing above this previous high, I 218 00:11:38,265 --> 00:11:40,275 would count that as a break of structure. 219 00:11:40,574 --> 00:11:44,324 Now on the flip side, if price just does something like this, to me, 220 00:11:44,324 --> 00:11:45,615 that's not a break of structure. 221 00:11:45,615 --> 00:11:46,964 That is a liquidity grab. 222 00:11:47,579 --> 00:11:50,369 Again, we'll touch on that in the future videos, but I just wanted to clear this 223 00:11:50,369 --> 00:11:54,780 up as we continue, because in this case, this is a perfect example of a high being 224 00:11:54,780 --> 00:11:59,400 created a liquidity grab of that high because we don't break and close above. 225 00:11:59,640 --> 00:12:02,760 So we're just still creating that overall swing structure. 226 00:12:03,000 --> 00:12:06,510 We start to create sub structure, as I said, create a low. 227 00:12:07,575 --> 00:12:08,295 Break that low. 228 00:12:08,295 --> 00:12:10,455 And then we start to create minor structure and price 229 00:12:10,455 --> 00:12:12,855 continues moving to the upsides. 230 00:12:14,415 --> 00:12:19,065 So again, breaks of structures are only valid when you're looking at 231 00:12:19,065 --> 00:12:24,285 breaks and closes above or below a structural high or low a, a WIC of those 232 00:12:24,285 --> 00:12:27,525 levels indicates more of a liquidity grab, but not a break of structure. 233 00:12:27,645 --> 00:12:31,245 And if we get the instance where a high is created, so in this case, we can see this. 234 00:12:31,425 --> 00:12:34,065 If we are mapping this out in real time, initially, we would 235 00:12:34,065 --> 00:12:35,535 look at this as our swing high. 236 00:12:35,954 --> 00:12:37,125 We'd be waiting for this to break. 237 00:12:37,125 --> 00:12:40,275 So we'd be anticipating some sort of higher, low to form. 238 00:12:40,574 --> 00:12:41,145 What ends up happening. 239 00:12:41,145 --> 00:12:43,244 We get a pullback, creating some sub structure. 240 00:12:43,574 --> 00:12:45,135 We take another run at the highs. 241 00:12:45,165 --> 00:12:46,935 We wick it, but we don't actually break it. 242 00:12:47,114 --> 00:12:49,125 We pull back down again. 243 00:12:49,635 --> 00:12:51,285 We break that low. 244 00:12:51,585 --> 00:12:52,635 We've created a new high. 245 00:12:52,635 --> 00:12:54,915 So again, we're just waiting to see if this high gets broken. 246 00:12:55,155 --> 00:12:58,845 We wick it once again, and then we start to get a more substantiated pullback. 247 00:12:59,055 --> 00:13:03,615 And sometimes this can be the clues that a larger pullback is going to happen 248 00:13:03,615 --> 00:13:07,455 if price struggles to break a high, but it's just wicking it ever so slightly. 249 00:13:07,755 --> 00:13:09,345 The indication is that we're starting to. 250 00:13:09,704 --> 00:13:11,805 Get people to look for cells. 251 00:13:11,865 --> 00:13:15,495 A lot of people are looking to sell and a lot of orders are changing hands. 252 00:13:15,495 --> 00:13:17,895 Again, I'm, I'm starting to get a little bit too much into liquidity, 253 00:13:17,895 --> 00:13:19,725 so I'm gonna curb that discussion. 254 00:13:19,725 --> 00:13:22,785 But just to give you a little bit more information there, but again, when we're 255 00:13:22,785 --> 00:13:28,214 looking at the overall swing structure, we're just looking for valid places to 256 00:13:28,214 --> 00:13:30,975 look for trades or to look for a reaction. 257 00:13:30,975 --> 00:13:33,765 So we know that because price is in an UPT trend, we're creating 258 00:13:33,765 --> 00:13:34,845 higher highs and higher lows. 259 00:13:34,845 --> 00:13:34,995 We. 260 00:13:35,610 --> 00:13:38,579 Our swing low and our swing high of our swing structure. 261 00:13:38,880 --> 00:13:41,910 We know that any price action that forms within this range 262 00:13:41,910 --> 00:13:44,459 of price is our sub structure. 263 00:13:44,464 --> 00:13:46,860 And then once we start going pro trend, it's our minor structure. 264 00:13:47,610 --> 00:13:52,140 I also mentioned that we would be looking for a point of demand or a grab 265 00:13:52,145 --> 00:13:56,310 of liquidity to constitute a formation of a higher, low, as we can see. 266 00:13:56,310 --> 00:13:59,910 We have range created demand right here, as well as Wix. 267 00:14:00,150 --> 00:14:04,560 So a couple different options to look for demand zones within this point in price. 268 00:14:05,865 --> 00:14:09,435 And what we can see is price also creates a low, we sweep that liquidity. 269 00:14:09,435 --> 00:14:12,015 We create our change of character, and then we continue to the upside. 270 00:14:12,015 --> 00:14:14,265 So if we were looking for entries, this would be a great spot. 271 00:14:17,025 --> 00:14:19,425 And now what I'm gonna do is I'm just gonna quickly jump down to the 50 minute 272 00:14:19,425 --> 00:14:21,075 we'll review all of this bit of structure. 273 00:14:21,780 --> 00:14:24,569 I don't want to make this video too long, but I also want to show a couple 274 00:14:24,569 --> 00:14:28,170 different flavors of this inaction because some of these four hour 275 00:14:28,170 --> 00:14:29,910 points don't have minor structure. 276 00:14:29,910 --> 00:14:30,780 They only have sub structure. 277 00:14:30,780 --> 00:14:34,020 Some don't have clear sub structure or minor structure, and we're just seeing 278 00:14:34,025 --> 00:14:35,939 breaks and others have good examples. 279 00:14:36,360 --> 00:14:41,760 I also explained the concept of the variance between higher 280 00:14:41,760 --> 00:14:43,110 timeframe structure as we had. 281 00:14:43,110 --> 00:14:43,290 Right. 282 00:14:43,900 --> 00:14:45,610 We were able to filter that out a little bit. 283 00:14:45,760 --> 00:14:48,640 We'll probably see some examples of that on the 15 minute as well. 284 00:14:49,000 --> 00:14:51,700 So what I'm gonna do, just so we don't jump too far ahead. 285 00:14:52,570 --> 00:14:58,120 We're going to do bar replay to that point and we'll go to the 15 minute 286 00:14:58,480 --> 00:15:01,120 and we'll just backtrack again. 287 00:15:01,150 --> 00:15:03,700 We'll start in the same spot we did on the four hour chart. 288 00:15:04,890 --> 00:15:07,110 just to showcase this a little bit further. 289 00:15:07,350 --> 00:15:07,650 Okay. 290 00:15:08,340 --> 00:15:11,400 So what we have here again is we'll just start from this point. 291 00:15:11,400 --> 00:15:14,580 We have created a new swing leg in structure. 292 00:15:14,580 --> 00:15:16,590 We have a swing load here and a swing high here. 293 00:15:16,590 --> 00:15:19,590 We've just switched to bear bullish from bearish on the four hour. 294 00:15:19,920 --> 00:15:21,840 We're still bearish on the daily. 295 00:15:21,840 --> 00:15:22,170 So. 296 00:15:22,470 --> 00:15:25,560 We're just waiting to see what happens, but we're looking at structure. 297 00:15:25,560 --> 00:15:27,330 We're trying to understand what's happening here. 298 00:15:27,330 --> 00:15:30,720 And this is the reason we're able to use these three different types of structure. 299 00:15:30,720 --> 00:15:32,970 We're using it to understand what's happening on the charts. 300 00:15:33,270 --> 00:15:36,750 So we can see is once we create this high, we start creating sub-structure, 301 00:15:36,810 --> 00:15:38,550 we're creating lower lows and lower highs. 302 00:15:39,120 --> 00:15:43,170 We do get a very minor change of character as we can see that price 303 00:15:43,170 --> 00:15:45,180 just barely breaks structure here. 304 00:15:45,180 --> 00:15:48,150 I can't draw a straight line today, but get the idea. 305 00:15:48,150 --> 00:15:49,470 I'll zoom in just a little bit more as. 306 00:15:50,655 --> 00:15:52,845 and one of the biggest things about market structure, whether it's swing 307 00:15:52,845 --> 00:15:56,295 structure, whether it's minor structure, whether it's sub structure is how do 308 00:15:56,295 --> 00:15:59,985 we break structure and what happens next after we break structure, if we 309 00:15:59,985 --> 00:16:04,454 see that price break structure, but immediately retraces or reverses, or 310 00:16:04,459 --> 00:16:07,814 is just wicking, chances are, that's not a substantiated break of structure 311 00:16:07,814 --> 00:16:11,355 because if I draw an actual line on this from this high to this high, we can see 312 00:16:11,355 --> 00:16:13,035 that we have broken and closed above. 313 00:16:13,334 --> 00:16:14,084 And what happened next? 314 00:16:14,084 --> 00:16:14,745 We immediate. 315 00:16:15,165 --> 00:16:16,905 Broke back down, closed below. 316 00:16:16,905 --> 00:16:18,735 And then we started to run back to the downside. 317 00:16:19,064 --> 00:16:22,635 So yes, this is the creation of new minor structure, but this is 318 00:16:22,635 --> 00:16:25,155 not very valid, minor structure. 319 00:16:25,155 --> 00:16:26,685 And if we just look to the left. 320 00:16:27,240 --> 00:16:29,940 We can see that we do have some sort of supply zone prices 321 00:16:29,940 --> 00:16:31,050 tapped into at numerous times. 322 00:16:31,050 --> 00:16:32,250 And then we started to fall. 323 00:16:33,060 --> 00:16:36,150 And what we can also see is we've now created a range in price, which 324 00:16:36,150 --> 00:16:39,630 could be used as a potential supply zone or reaction point in the future. 325 00:16:39,660 --> 00:16:42,930 And as we can see prices now, continuing to make lower lows and lower highs, 326 00:16:42,960 --> 00:16:47,160 we create a range, but we still are contained within that sub structure. 327 00:16:47,220 --> 00:16:49,590 We come down much lower. 328 00:16:50,745 --> 00:16:54,464 we create a new, lower, low, and then once we see this bit, we 329 00:16:54,464 --> 00:16:56,385 get a true change of character. 330 00:16:56,895 --> 00:17:00,795 We've created a new high, and we'd be looking from this swing low to this 331 00:17:00,795 --> 00:17:02,235 swing high of our minor structure. 332 00:17:02,235 --> 00:17:05,685 So as long as everything's trading within this bit of price action, 333 00:17:05,714 --> 00:17:06,825 it's still minor structure. 334 00:17:06,825 --> 00:17:10,065 But as we can see, even within the minor structure, we're seeing sub 335 00:17:10,065 --> 00:17:12,704 structure within it to get a better understanding of what's happening. 336 00:17:12,885 --> 00:17:15,585 And we can see is within this minor structure, we're creating lower lows and 337 00:17:15,585 --> 00:17:17,534 lower highs until we get to this point. 338 00:17:17,895 --> 00:17:23,115 Break to the upside, creating a new, higher high within this sub structure, 339 00:17:23,115 --> 00:17:26,895 which is within this minor range, which is within this larger swing 340 00:17:27,464 --> 00:17:29,325 structure here on the 15 minute chart. 341 00:17:29,775 --> 00:17:32,625 And this is where it gets a little bit market structure inception, 342 00:17:32,625 --> 00:17:33,675 because like I said, we have. 343 00:17:35,295 --> 00:17:37,545 Swing structure we're between this swing range. 344 00:17:37,695 --> 00:17:39,014 We've now created minor structure. 345 00:17:39,014 --> 00:17:41,835 We're operating between this minor structure range, and we're now creating 346 00:17:41,835 --> 00:17:45,555 sub structure within that minor range until we actually move to the upside. 347 00:17:46,035 --> 00:17:49,875 But as we can see, if we just continue moving on, we break to the upside. 348 00:17:49,875 --> 00:17:51,524 We now have formed a new high. 349 00:17:52,170 --> 00:17:52,830 Just right here. 350 00:17:52,830 --> 00:17:55,770 So we're now contained within this bit of price action. 351 00:17:56,160 --> 00:17:58,410 This is a break of minor structure right here. 352 00:17:58,410 --> 00:18:01,290 This is a minor structural high, a new minor structural high. 353 00:18:01,380 --> 00:18:04,140 And then what we can see within the minor structure is that we are 354 00:18:04,145 --> 00:18:05,910 creating lower lows and lower highs. 355 00:18:05,940 --> 00:18:07,350 We break sub-structure creating. 356 00:18:07,845 --> 00:18:10,365 Minor structure within this is getting a little bit confusing. 357 00:18:10,365 --> 00:18:14,865 I know, but as we can see, then price is moving back to the downside. 358 00:18:14,865 --> 00:18:16,275 We didn't break and close below. 359 00:18:16,275 --> 00:18:17,565 We're still within. 360 00:18:17,655 --> 00:18:20,504 And then price runs breaking minor structure, and then eventually 361 00:18:20,504 --> 00:18:21,795 breaks that swing structure. 362 00:18:23,175 --> 00:18:26,865 If I lost you a little bit on that, I apologize, but what 363 00:18:26,865 --> 00:18:29,555 this showcases very eloquent. 364 00:18:30,159 --> 00:18:33,970 At least I think is that structure exists. 365 00:18:34,000 --> 00:18:37,240 The three different types of structure, but price is incredibly fractal. 366 00:18:37,240 --> 00:18:40,090 And I think this is a really great example of how fractal price is. 367 00:18:40,330 --> 00:18:41,440 We had swing structure. 368 00:18:41,500 --> 00:18:42,909 We started to create sub structure. 369 00:18:43,330 --> 00:18:44,740 Then we created minor structure. 370 00:18:44,770 --> 00:18:48,340 We were contained within the minor structure here, creating sub structure 371 00:18:48,345 --> 00:18:49,659 within the minor structure we created. 372 00:18:50,300 --> 00:18:51,050 Minor structure. 373 00:18:51,290 --> 00:18:53,659 We created more sub structure within that minor structure. 374 00:18:53,659 --> 00:18:57,560 And then we started to see the break and we were able to understand what was 375 00:18:57,560 --> 00:19:01,040 happening between all of this range, because we understand the three different 376 00:19:01,040 --> 00:19:04,939 types of structure and what it means, but the big thing as well, that we just add 377 00:19:04,939 --> 00:19:08,689 on top of all of that is not only is this just happening on the 15 minute chart, 378 00:19:08,689 --> 00:19:11,840 we're also seeing the four hour chart creating higher highs and higher lows. 379 00:19:11,840 --> 00:19:14,780 So we know that our expectation is that price is to move to the upside. 380 00:19:15,199 --> 00:19:17,990 Of course, we also know, in this example, we have a daily barrier 381 00:19:17,990 --> 00:19:19,610 right here being daily structured. 382 00:19:20,355 --> 00:19:23,265 And if price wants to remain bearish, we just simply don't 383 00:19:23,265 --> 00:19:25,215 have to violate that high. 384 00:19:25,305 --> 00:19:27,555 But even then, if we're looking at this point, we're within a supply 385 00:19:27,555 --> 00:19:30,225 zone, price is just pushing forward. 386 00:19:30,705 --> 00:19:31,245 So we're looking. 387 00:19:31,784 --> 00:19:36,764 Structure within a supply zone, a four hour slash daily supply zone. 388 00:19:36,770 --> 00:19:38,235 We're looking at the market structure. 389 00:19:38,445 --> 00:19:42,254 If we're looking for a potential sell in this area, we would be looking for 390 00:19:42,254 --> 00:19:47,294 price to switch or have a change of character from bullish to bearish. 391 00:19:47,459 --> 00:19:49,320 And in this case, we're just looking at the order flow. 392 00:19:49,320 --> 00:19:50,610 We're looking at the market structure. 393 00:19:50,850 --> 00:19:54,449 We have not seen any indication of a change in character 394 00:19:54,449 --> 00:19:55,889 from bullish to bearish. 395 00:19:55,949 --> 00:19:58,860 And then what this is giving us an indication based on four hour 396 00:19:58,860 --> 00:20:02,310 structure, and then looking at the price action within the 15 minute is 397 00:20:02,310 --> 00:20:03,659 that we're still continuing bullish. 398 00:20:04,534 --> 00:20:07,625 Although we are in a higher timeframe supply zone. 399 00:20:07,655 --> 00:20:11,675 So, and what we expect when price taps into a supply zone is that we would be 400 00:20:11,675 --> 00:20:15,784 looking for cells, but this is how we're able to identify when things are changing. 401 00:20:15,784 --> 00:20:18,034 We already have that indication down here when the four hours 402 00:20:18,034 --> 00:20:19,175 started to change character. 403 00:20:19,564 --> 00:20:23,524 But of course we know with multi timeframe analysis is if the 404 00:20:23,524 --> 00:20:28,425 daily's on a bear, And is starting to pull back to form a lower high. 405 00:20:28,545 --> 00:20:31,875 The four hour can more than likely put in higher highs and higher lows. 406 00:20:31,935 --> 00:20:35,895 Before we see that new, lower, low being formed on the daily chart. 407 00:20:36,225 --> 00:20:39,585 We're looking for some sort of catalyst between daily 408 00:20:39,585 --> 00:20:41,925 structure in this case to form a. 409 00:20:42,854 --> 00:20:43,635 Lower high. 410 00:20:43,695 --> 00:20:48,975 And in this case, we have a supply zone at the extreme of this swing structure. 411 00:20:49,245 --> 00:20:50,985 We're looking at price action within that. 412 00:20:51,014 --> 00:20:53,625 And we're starting to see that although the four hour is still bullish, 413 00:20:53,985 --> 00:20:56,834 when we tap into that supply zone, we would be expecting to see some 414 00:20:56,840 --> 00:21:01,544 sort of clear reaction and switch from bullish to bearish on the lower 415 00:21:01,544 --> 00:21:04,455 timeframes and have that translate, see a change character on the four 416 00:21:04,455 --> 00:21:05,685 hours to continue to the downside. 417 00:21:06,074 --> 00:21:06,344 But we. 418 00:21:07,425 --> 00:21:08,085 and what ends up happening. 419 00:21:08,085 --> 00:21:10,995 We run that daily swing point and we start to create a bull trend 420 00:21:10,995 --> 00:21:12,764 and continue moving to the upside. 421 00:21:13,485 --> 00:21:15,075 So it took a little bit longer to explain that, but I think 422 00:21:15,075 --> 00:21:16,305 that was a really great example. 423 00:21:16,815 --> 00:21:17,835 And then we can just move on. 424 00:21:18,014 --> 00:21:21,254 We can see that we created a swing load here on the 15 minute chart, and we 425 00:21:21,254 --> 00:21:26,115 moved to the upside and similar to this bit on the, on the four hour chart is 426 00:21:26,115 --> 00:21:29,175 we created an initial high, and then we started to create sub structure within it. 427 00:21:29,415 --> 00:21:33,044 What we can see is we did create minor structure here, but what 428 00:21:33,050 --> 00:21:34,514 ended up happening is price. 429 00:21:34,890 --> 00:21:36,930 Fails to really actually break this high. 430 00:21:36,930 --> 00:21:40,890 So as, as it stands right now, once we've created this minor structure, price 431 00:21:40,890 --> 00:21:44,250 is trading within this range and we're just waiting for something to happen. 432 00:21:44,255 --> 00:21:48,360 We know we're trading in a larger four hour and 15 minute range of 433 00:21:48,360 --> 00:21:52,740 structure, and we're just waiting for minor structure to really take over. 434 00:21:52,740 --> 00:21:57,780 We have potentially catalysts to continue price at a higher, low, 435 00:21:57,780 --> 00:21:59,970 we have a demand zone right here. 436 00:22:00,180 --> 00:22:00,630 We also have. 437 00:22:01,485 --> 00:22:04,335 Potential structural liquidity that we could look to run again, we'll 438 00:22:04,335 --> 00:22:05,715 discuss that in the future section. 439 00:22:06,165 --> 00:22:08,415 And then what we can see is price breaks to the downside. 440 00:22:08,415 --> 00:22:11,205 We create a new, lower, low, and then if we just look at this, we have our 441 00:22:11,205 --> 00:22:14,865 change of character or specifically a change of character here as well. 442 00:22:15,495 --> 00:22:20,415 And what we can see is price then creates more minor structure, runs the high, 443 00:22:20,475 --> 00:22:24,405 but again, doesn't break and close above this high to what that ends up doing 444 00:22:24,405 --> 00:22:26,295 is it marks our high as this point. 445 00:22:26,295 --> 00:22:28,605 So we're still operating on a 15 minute. 446 00:22:29,580 --> 00:22:34,230 between this low and this high, and we're just waiting to see if price 447 00:22:34,230 --> 00:22:39,150 continues moving to the downside to take the low, or if we continue to 448 00:22:39,210 --> 00:22:40,620 move to the upside and take the high. 449 00:22:40,625 --> 00:22:43,500 So what we can see is once we create this high, we start to create really 450 00:22:43,500 --> 00:22:46,560 choppy price action, but we're creating lower lows and lower highs. 451 00:22:46,920 --> 00:22:47,220 Again. 452 00:22:47,250 --> 00:22:49,770 If we just look at this bit of structure, we can see that we 453 00:22:49,770 --> 00:22:53,040 break and close just barely above, but what ends up happening next? 454 00:22:53,400 --> 00:22:55,740 We immediately retrace and close below. 455 00:22:55,740 --> 00:23:00,075 So although this did form minor structure, It's not very strong, minor structure. 456 00:23:00,075 --> 00:23:02,175 And what we can see is we then continue creating more. 457 00:23:02,175 --> 00:23:04,875 Sub-structure creating lower lows and lower highs. 458 00:23:04,875 --> 00:23:08,205 It's not only until we get to this point here on the 15 minute chart that 459 00:23:08,205 --> 00:23:09,915 we see a true change of character. 460 00:23:10,215 --> 00:23:13,274 Although if we were to look at price action, see it on a one minute in this 461 00:23:13,280 --> 00:23:16,155 particular area, more than likely we're going to see a change of character 462 00:23:16,155 --> 00:23:20,804 because we know price is fractal, but we're also using the 15 minute as clues. 463 00:23:20,804 --> 00:23:23,745 And then as we can see price runs creating a new higher high. 464 00:23:25,005 --> 00:23:27,435 and then we can look at this bit of price action as well. 465 00:23:27,435 --> 00:23:30,315 So now we have our swing load here, and initially we would 466 00:23:30,315 --> 00:23:31,935 probably view this as our high. 467 00:23:32,115 --> 00:23:34,595 We could see that price creates sub structure. 468 00:23:36,090 --> 00:23:38,310 And we can see even on a lower timeframe, this would be 469 00:23:38,310 --> 00:23:39,570 considered a change of character. 470 00:23:39,570 --> 00:23:41,909 But if we were just looking at this more from a 50 minute lens, which 471 00:23:41,909 --> 00:23:45,720 we are can see that price comes down, comes back up, comes down. 472 00:23:45,780 --> 00:23:48,120 We're really trading within this range right now. 473 00:23:48,750 --> 00:23:50,669 If I can draw a little bit straighter, that would be great. 474 00:23:50,730 --> 00:23:52,320 And what we can see is we eventually break. 475 00:23:52,320 --> 00:23:54,449 We create minor structure and we continue moving to the upside. 476 00:23:54,449 --> 00:23:58,320 So in essence, what's happened is we've created a 15 minute swing point. 477 00:23:58,870 --> 00:24:01,270 But this is where a variance can come into place. 478 00:24:01,270 --> 00:24:03,190 We'll just move that bit of price action. 479 00:24:03,550 --> 00:24:06,280 If we go back to the four hour chart, what we can see very 480 00:24:06,280 --> 00:24:07,480 clearly on the four hour chart. 481 00:24:07,485 --> 00:24:11,920 And this is a really great tip in terms of understanding if a pullback 482 00:24:11,920 --> 00:24:14,930 is a true pullback, or if it's not, especially when we're really. 483 00:24:15,250 --> 00:24:17,590 In relation to multi timeframe market structure. 484 00:24:17,590 --> 00:24:21,909 So as we can see here on the far hour, we did get this small dip in price and then 485 00:24:21,909 --> 00:24:23,530 a move to the upside on the four hour. 486 00:24:23,530 --> 00:24:26,919 We did not consider that as structure because it's not a substantiated pullback. 487 00:24:27,070 --> 00:24:31,120 When we see an impulsive leg, we wanna see an actual, true pullback, 488 00:24:31,125 --> 00:24:32,889 not a pause in the markets. 489 00:24:32,889 --> 00:24:37,330 So we wanna see something substantial and we don't get that here. 490 00:24:37,750 --> 00:24:38,679 And then what we can see is we do. 491 00:24:39,870 --> 00:24:41,520 A more true pullback. 492 00:24:41,520 --> 00:24:44,969 And if I just play price forward, we can see price continues 493 00:24:44,969 --> 00:24:46,379 to move to the downside. 494 00:24:46,740 --> 00:24:50,850 If we go back to the 15 minute chart, what we can see is where I drew that line 495 00:24:50,879 --> 00:24:52,560 was the high that we were looking at. 496 00:24:52,740 --> 00:24:56,729 And again, there's nothing wrong with viewing that as a 15 minute high cuz as 497 00:24:56,735 --> 00:25:00,179 we would see, we'd broke the high, we're looking at this as our previous swing low. 498 00:25:01,034 --> 00:25:02,355 , but then we create this high. 499 00:25:02,355 --> 00:25:02,955 We break that. 500 00:25:02,955 --> 00:25:06,225 So when we now have this as our low, but again, on the four hour, we're 501 00:25:06,225 --> 00:25:08,385 still in an overall bullish trend. 502 00:25:08,385 --> 00:25:10,125 We have not created a swing point here. 503 00:25:10,125 --> 00:25:15,435 So the impulsive four hour range that we're building is to this point. 504 00:25:15,435 --> 00:25:17,985 But on the 15 minute, we're seeing a variance. 505 00:25:18,014 --> 00:25:20,985 We're starting to see price pulling back. 506 00:25:21,075 --> 00:25:24,345 Once again, we're starting to switch, we're seeing a change of character. 507 00:25:24,825 --> 00:25:25,965 So what we can see is we break. 508 00:25:26,520 --> 00:25:28,860 So as we can see, we break the high, we're creating a higher high, 509 00:25:28,860 --> 00:25:30,540 and then we start to break down. 510 00:25:30,600 --> 00:25:36,540 We create a lower, low, lower, high, lower, low, and then 511 00:25:36,545 --> 00:25:38,460 we'll just keep looking at this. 512 00:25:38,460 --> 00:25:40,080 Let's get rid of these squiggles real quick. 513 00:25:40,440 --> 00:25:42,510 So we can see is we're caught between this range. 514 00:25:42,510 --> 00:25:43,980 We break to the downside. 515 00:25:45,375 --> 00:25:50,294 So we're now looking at something to this tune and we continue breaking down. 516 00:25:50,415 --> 00:25:52,695 And then what we can see here is we get a change of character. 517 00:25:52,695 --> 00:25:55,034 We're breaking down, break the highs. 518 00:25:55,065 --> 00:25:57,915 We start to switch, creating minor structure, minor 519 00:25:57,915 --> 00:25:59,625 structure, minor structure. 520 00:26:00,014 --> 00:26:02,445 And what we can see is we're starting to see pullbacks. 521 00:26:03,225 --> 00:26:04,485 We break the high, but what do we do? 522 00:26:04,485 --> 00:26:05,595 We barely break. 523 00:26:05,595 --> 00:26:06,885 And then we immediately retrace. 524 00:26:06,915 --> 00:26:08,595 We end up creating a lower, low. 525 00:26:09,044 --> 00:26:11,024 So what we know is this pullback was not true. 526 00:26:11,835 --> 00:26:13,695 And what we can actually see is when we're looking at. 527 00:26:14,580 --> 00:26:15,270 Structure. 528 00:26:15,330 --> 00:26:17,460 This was the high that we would use. 529 00:26:18,540 --> 00:26:23,910 We can see as this low just gets run, but it doesn't break and close below. 530 00:26:23,970 --> 00:26:26,850 Not that it's a big deal cuz as we can see, we break the high, we're 531 00:26:26,850 --> 00:26:29,310 still making more minor structure because again, we're still caught 532 00:26:29,315 --> 00:26:31,590 in the overall larger swing range. 533 00:26:32,190 --> 00:26:34,140 And what we can see is price then. 534 00:26:34,710 --> 00:26:37,290 Creates this point, if we just look to the left as well, and this is 535 00:26:37,290 --> 00:26:40,110 where supply and demand comes in and understanding sub structure and the 536 00:26:40,110 --> 00:26:43,470 relationship between that and minor structure within all of these swing 537 00:26:43,470 --> 00:26:45,180 ranges, because what's happening. 538 00:26:45,824 --> 00:26:48,675 in this swing range is a battle of supply and demand. 539 00:26:48,915 --> 00:26:52,905 Quite simply, we have an established trend that we can see we're creating 540 00:26:52,905 --> 00:26:56,715 higher highs and higher lows on the four hour and now on the daily chart as well. 541 00:26:56,834 --> 00:26:59,205 And what we're seeing between each of these legs of swing 542 00:26:59,205 --> 00:27:02,024 structure on the lower timeframe is a battle of supply and demand. 543 00:27:02,024 --> 00:27:03,465 We have a supply zone right here. 544 00:27:03,615 --> 00:27:04,935 We can see an aggressive push away. 545 00:27:05,264 --> 00:27:08,115 We can see other supply zones here they're getting respected. 546 00:27:08,415 --> 00:27:14,175 And then what we can see here is once we hit this point, Fail this supply zone. 547 00:27:14,175 --> 00:27:17,955 So we're starting to create a new variance within the overall 548 00:27:17,955 --> 00:27:18,885 structure that we're seeing. 549 00:27:19,095 --> 00:27:22,425 We're starting to see demand taking over, but then we see this supply 550 00:27:22,425 --> 00:27:26,505 zone getting respected and price, continuing to downside a little bit more. 551 00:27:26,505 --> 00:27:32,595 But again, all that I'm trying to convey here is that this little bit of 552 00:27:32,595 --> 00:27:36,555 structure right here was the variance between the four hour and the 15 553 00:27:36,555 --> 00:27:38,625 minute and what we were able to do. 554 00:27:38,625 --> 00:27:40,635 And what we are able to do is understand. 555 00:27:41,595 --> 00:27:45,075 This on the 15 minute breaking structure and starting to create a 556 00:27:45,075 --> 00:27:50,595 down trend does not mean that price action is going to continue bearish 557 00:27:50,625 --> 00:27:54,525 because we're able to look at multi timeframe market structure and see. 558 00:27:55,245 --> 00:27:56,145 What does that actually mean? 559 00:27:56,145 --> 00:27:56,985 On a four hour chart? 560 00:27:57,015 --> 00:27:59,955 It gives us a better understanding that this is more than likely a pullback. 561 00:27:59,955 --> 00:28:03,345 And then if I just play price forward, what can see is we end up running the 562 00:28:03,345 --> 00:28:06,765 previous swing high and continuing our series of higher highs and higher lows. 563 00:28:07,215 --> 00:28:10,875 Now, if we'd use this point as four hour structure, then we would be looking at 564 00:28:10,875 --> 00:28:14,625 it in a slightly different lens, cuz we'd likely use something like that as low. 565 00:28:14,625 --> 00:28:17,805 And we'd get really confused in this spot cuz as we can see, this is 566 00:28:17,805 --> 00:28:19,545 just a minor pause in the markets. 567 00:28:19,735 --> 00:28:22,435 As this is the full impulsive range that we see. 568 00:28:22,675 --> 00:28:26,305 We see an actual substantiated, pullback change of character, minor 569 00:28:26,305 --> 00:28:28,225 structure, cuz what's happening here. 570 00:28:28,285 --> 00:28:30,595 This is all sub structure, right? 571 00:28:30,595 --> 00:28:33,415 Like that again, we create minor structure. 572 00:28:33,445 --> 00:28:35,035 We come to the downside. 573 00:28:35,035 --> 00:28:37,075 We don't actually break and close below, so we're still 574 00:28:37,075 --> 00:28:38,275 maintaining minor structure. 575 00:28:38,275 --> 00:28:43,465 And then we come to the upside and create a new swing structural higher high. 576 00:28:44,475 --> 00:28:49,215 So I hope this example showcases the importance of understanding the three 577 00:28:49,215 --> 00:28:52,125 different types of structure, how we can use them from a multi timeframe 578 00:28:52,125 --> 00:28:56,745 perspective, how we incorporate supply and demand, because it's so important 579 00:28:56,750 --> 00:28:59,895 to understand when we're creating swing structure, where we'd be looking 580 00:28:59,925 --> 00:29:02,115 for potential pullbacks to complete. 581 00:29:02,115 --> 00:29:05,355 So if in a bull trend, for example, we're creating higher highs and higher lows. 582 00:29:05,355 --> 00:29:09,225 When that higher, low is going to form, we would pair that with 583 00:29:09,315 --> 00:29:11,054 the formation of sub structure. 584 00:29:11,430 --> 00:29:14,460 So, for example, if we're in a up trend, creating higher highs and higher lows, 585 00:29:14,670 --> 00:29:16,680 we are expecting a higher, low to form. 586 00:29:16,830 --> 00:29:17,639 We'd be using demand. 587 00:29:17,639 --> 00:29:21,600 Those as potential points of information of where higher, low would likely form. 588 00:29:21,600 --> 00:29:26,760 Before we start to continue moving back to the upside to break the previous 589 00:29:26,760 --> 00:29:28,230 high forming a new higher high. 590 00:29:29,189 --> 00:29:32,129 And the importance of what the substructure and minor 591 00:29:32,129 --> 00:29:33,419 structure actually represents. 592 00:29:33,419 --> 00:29:36,689 And it allows us to have a better understanding of the order flow 593 00:29:36,689 --> 00:29:38,820 that is present on the charts. 594 00:29:38,909 --> 00:29:42,000 And I feel like this example right here was a really great example 595 00:29:42,000 --> 00:29:45,960 as well of when you have a supply zone on a higher timeframe. 596 00:29:45,965 --> 00:29:49,620 So the four hour in the daily, and you're seeing price action tapping into it. 597 00:29:49,770 --> 00:29:53,520 You're trying to build a short trade idea and you're using the 598 00:29:53,520 --> 00:29:56,639 concept of sub structure and minor structure to understand that. 599 00:29:57,585 --> 00:30:01,155 Supply zone was not going to hold and that we were shifting. 600 00:30:02,445 --> 00:30:05,504 Bearish daily structure to bullish daily structure. 601 00:30:05,504 --> 00:30:08,655 And we had the indication right here that the four hour was starting to switch. 602 00:30:09,075 --> 00:30:13,875 But again, we know that on a multi-time frame perspective, that if this is 603 00:30:13,875 --> 00:30:16,665 the daily trend we're putting in lower lows and lower highs, this on a 604 00:30:16,669 --> 00:30:20,895 four hour can be something like this, a bull trend crudely drawn, we're 605 00:30:20,895 --> 00:30:22,095 creating higher highs and higher lows. 606 00:30:22,095 --> 00:30:25,274 Before we get a change of character that then forms lower lows and lower highs. 607 00:30:26,475 --> 00:30:28,935 But we're looking for that catalyst to switch. 608 00:30:29,805 --> 00:30:32,745 from creating those higher highs and higher lows on a lower timeframe 609 00:30:33,105 --> 00:30:36,255 to, and go back in line with the higher timeframe to complete that. 610 00:30:36,255 --> 00:30:40,695 But if something changes and we have that point, but we don't see that happening 611 00:30:40,695 --> 00:30:44,865 and we're starting to understand the lower timeframe order flow, the lower timeframe 612 00:30:44,865 --> 00:30:48,855 market structure, using sub structure and minor structure in conjunction 613 00:30:48,855 --> 00:30:50,205 with the multi-time frame picture. 614 00:30:50,445 --> 00:30:54,735 It allows us to be in line with the market and understanding what is 615 00:30:54,735 --> 00:30:56,505 more than likely going to happen for. 616 00:30:57,495 --> 00:30:59,865 Market structure, such a powerful concept. 617 00:31:00,165 --> 00:31:06,105 Definitely take time to fully understand this, apply this to your charts, dig into 618 00:31:06,105 --> 00:31:09,375 all of the structural points, the swing structure from the daily, the four hour 619 00:31:09,645 --> 00:31:11,534 start building the 15 minute within it. 620 00:31:11,540 --> 00:31:13,605 And just making sense of everything. 621 00:31:13,610 --> 00:31:15,975 If you have a four hour price range, look at the 15 minute. 622 00:31:15,975 --> 00:31:17,324 See the substructure that's created. 623 00:31:17,555 --> 00:31:19,895 Wait till the minor structure starts to play out. 624 00:31:19,895 --> 00:31:21,065 You get that change of character. 625 00:31:21,185 --> 00:31:25,055 Then you can start to understand when the trend is now taking back over 626 00:31:25,115 --> 00:31:27,605 and it gives you so much more clarity on how to approach market structure 627 00:31:27,605 --> 00:31:31,835 and the things to be looking for as price is printing on the charts. 56278

Can't find what you're looking for?
Get subtitles in any language from opensubtitles.com, and translate them here.