Free Signal
[Future]
$CKB

Time Frame : M15
Type Trade : Intraday Trade
Strategy & Technical : Single Time Frame Analysis & ICT/SMC

There is a Market Structure Shift (MMS), also known as a Change of Character (CHoCH), following a preceding Liquidity Grab. Moving forward, it is crucial to anticipate the formation of an inducement to establish a high-quality setup. For this to occur, the Weak Low mustn't be breached after the inducement forms. If breached, the setup becomes invalid.

When examining the larger time frame, the market structure is experiencing an upward trend (uptrend). Therefore, this trade is categorized as high-risk. It is advisable to enter with a small margin and maximum leverage of x10 to avoid liquidation.

Given the complexity and nuances of market movements, it is essential to approach this analysis with a comprehensive understanding of market dynamics. A Market Structure Shift indicates a significant change in market behavior, often driven by substantial shifts in supply and demand dynamics. The preceding Liquidity Grab suggests that market participants have likely sought to exploit areas of high liquidity before a directional move.

To ensure the validity of the anticipated high-quality setup, the formation of an inducement is necessary. This inducement serves to attract additional market participants, thereby reinforcing the subsequent market movement. However, it is critical to monitor the Weak Low closely. If this level is breached, it would invalidate the setup, signaling a potential shift in market sentiment and necessitating a reassessment of the trading strategy.

In light of the current uptrend observed in the larger time frame, this trade involves elevated risk. High-risk trades require meticulous risk management to mitigate potential losses. Entering with a small margin and utilizing a maximum leverage of x10 are prudent measures to safeguard against significant adverse movements and to prevent liquidation.

#StartInvestingInCrypto #altcoins #MarketSentimentToday