1. Higher Timeframe (HTF) Analysis:
Each left-hand chart shows the setup phase. The purpose is to identify key market structure levels and context:
Key Elements:
• Key Level (CHo): Indicates a Change of Character, suggesting a potential shift in trend or market behavior.
• CRT High/Low: Likely stand for Corrective Range Top/Bottom – areas defining the range of a retracement.
• 50% Level: The midpoint of the corrective range – often used as an equilibrium level or fair value zone.
Interpretation:
• Price retraces to a key level, often around the 50% mark.
• This sets the HTF bias – e.g., bearish if retracing into supply, bullish if into demand.
2. Lower Timeframe (LTF) Entry:
The right-hand chart shows the actual entry setup using Model #1 and confirmation tools.
Key Elements:
• Model #1: A predefined pattern used for entries (details not given here, but could be an internal structure or candle pattern).
• TBS (Turtle Body Swap): A unique confirmation tool indicating a valid reversal – potentially a candlestick body close beyond a key level or engulfing pattern.
Execution Logic:
• Wait for price on LTF to reach HTF’s key level.
• Observe LTF behavior (Model #1 + TBS) for confirmation.
• Execute the trade with a tighter stop and better risk-to-reward ratio.
Strategy Summary:
Component Function
HTF Establish market bias and critical zones
LTF Look for precise entries within HTF zones
Model #1 Entry pattern within those zones
TBS Confirmation tool that adds conviction