Trading Analysis: Break of Structure (BOS) Patterns

Overview

This analysis focuses on trading charts that display market structure with Break of Structure (BOS) patterns at 15-minute intervals. It emphasizes the significance of sweep candles and wick sweeps as potential trading opportunities.

Key Concepts

Break of Structure (BOS): A significant change in market direction, indicating a potential reversal or continuation of the trend.

Sweep Candles: Candles that indicate a strong price movement, often leading to a shift in market sentiment.

Wick Sweeps: The action of price moving through a range, often creating high wicks that can signal potential reversals.

Setup Analysis

Before the 15-Minute Break of Structure Prior to the BOS, observe the following:

• Look for a small pullback characterized by a high wick.

• This pullback often indicates a temporary exhaustion of buyers or sellers.

After the Break of Structure Post-BOS, consider these elements:

• The wick that formed during the pullback reacts, indicating a potential area of interest.

• Following the reaction, look for one more BOS to confirm the market's direction.

• Immediate corrections following the BOS can signify a reaction to the wick's Order Block (OB).

  
  

High Probability Setup

The combination of the above elements creates a high probability trading setup:

• Confirmation of a trend reversal or continuation through multiple BOS signals.

• Utilization of wick reactions to identify potential entry points.

• Focus on the market structure to enhance the probability of successful trades.

Conclusion

By analyzing trading charts for Break of Structure patterns at 15-minute intervals, traders can identify high probability setups using sweep candles and wick sweeps. This approach enhances the understanding of market dynamics and improves trading strategies.

Setup Model

Example of above