The Structure & Timeframes

Sections
Key Points to Remember
Market Structure Intro
Timeframes Intro
Structure & Timeframes
Momentum
Trend structure
Range Structure
BOS (Break Of Structure)
BFI Initiation
Momentum Shift/Reversal Structure Strong Highs/Lows
Weak Highs/Lows
Building anarrative….

Key Points to Remember

Market structure is formed by price delivery. Watching structure form is

watching price delivery.
Every timeframe is a representation of the same data because time and price
are unknowable. Together, timeframes work.
Structural points (Swing Points) are built by LTF for HTF.Learn to see the
whole picture, which means learning from top to bottom. Be logical!
LTF structural swing points are HTF highs and lows within a range.
Supply and demand zones are created by swing highs and lows.These zones
are where new POI will be created.
BFIs are behind every price move!
A break in the structure can indicate higher or lower prices, or a reversal
from sell-side or buy-side liquidity.

IIntroduction Of Market Structure

Highs and lows, LHs and HLs, make up the structure.

Ups and Downs are primary swing focuses, these swing focuses are fractal
meaning they will be available on different timeframes.
When considering swing points, consider timeframes!
Learn about the swing points because they provide a framework for
observing price delivery.The examples below demonstrate how price
delivery prints swing points to frame structure in accordance with BFI
intentions across multiple timeframes.
Timeframes Intro

As a representation of the same data, all timeframes behave in the same way.
Candlesticks give us a view of this data.
The time period will change the vibe of that information because of the
quantity of candles displayed on a given timeframes.

Both LTF and HTF indicate BFI's intentions. We want to comprehend the
Full Picture — BFI's intentions across all timeframes—because one
timeframe is not more important than another.

Check the candle closes across all TFs during a session.

HTF - any timeframe higher than the current TF LTF - any timeframe lower
than the current TFThis development is essential for comprehending the Full
Picture and seeing how the LTFs construct the HTFs .This must be done! Be
consistent, don't just click through TFs; pay attention to what you see.)

Recommended Time Frames to use

Structure & Timeframes

Structure is created by delivering prices over time. We are able to construct a

narrative in order to frame the intentions of BFI by observing price delivery
over multiple timeframes. We have a starting point from which to work once
swing points have been identified.

HTF - High/Low versus LTF - High/Low

LTFs swing points move within HTF swing points
HTF - Range versus LTF - Range
LTFs ranges move within HTF ranges
An illustration of a trend pullback that results in a LH is as follows:
A bos of a m5 swing point can result from a countertrend bos of a m1 swing
point. This can pullback across multiple timeframes until it reaches the
premium of a HTF (H1) range and makes a Lower High to keep the HTF
trend going. Since we now know the "why" behind price delivery, this opens
up numerous trading opportunities for us to participate in.

Momentum

Time and distance play a role in the concept of momentum. Whether there
are more candles or fewer candles, there is more distance.
It indicates whether a price move is sustained or unstained in relation to
Trend Structure by paying attention to the speed of the price over time.
Q:How much time does it take to go up or down?
Impulse: A bearish impulse is when price quickly moves to the downside in
the trend's direction with momentum.
Correction:
Price is moving slowly in a bullish correction, indicating a slow,
unsustainable move higher in favor of the trend's direction and building
anticipation for its continuation.
Think about the Effort Law.
Is price moving freely, impulsively, and quickly OR is it struggling to gain
momentum?The momentum's direction is determined by this.

Trend structure

A bias in the assumed direction is provided by trend structure.

A trend will continue to have a bullish or bearish HL or LH.
We can assume that the trend will continue so long as swing highs and lows
remain within the trend.

1.A trend is not an uptrend until a HL, not just a HH, is formed, and 2.A
trend is not a downtrend until a LH, not just a LL, is formed.

Range Structure

Price is contained between the two price levels of 1.1300 and 1.1200; this
will determine the high and low of your TF structural swing. Until the
structural H/L is taken into account, price delivery will remain within this
range.

BFIs are stacking hundreds and thousands of lots within a range. BFI will
initiate price outside of a range, resulting in a bos or swing point, and we
will then be aware of the stacked orders;

1.Swing high bos equals a sizable pile of buy orders.

2.Swing Low Bos equals a sizable stack of sell orders.

A confirmed range begins with at least three candles —think of it as fractal

highs and lows! Premium Range Areas (Sell from);equilibrium (not
maintaining above/below equilibrium);Discount (for purchases)

self question:
● - What is this range's purpose? Think Rationale!
● When in a range, what is the HTF bais? Keep up the trend!

BOS (Break Of Structure)

To initiate a momentum shift or continuation of a trend structure is to use a

bos.A BFI Initiation is a bos of a swing high or swing low.
HTF highs and lows are part of the swing structure; LTF highs and lows
within a range are part of the swing structure.
Self-questions:
1. What caused the bos to be created?
2. Is this a noticeable Swing Point break?Think BFI Initiation - Aggression
and speed!
3. After the mitigation of the HTF,
is this a Momentum Shift or a continuation of the trend structure?

BFI Initiation
When BFIs stack their orders within the range, they cause a bos by pushing
the price in the direction they want it to go.The term for this is initiation.It's
a very obvious, aggressive, or semi-aggressive move in one direction,
indicating that everything is buying or selling.Price is being manipulated in
the desired direction by BFIs.

Green = Bullish Initiation

Red = Bearish Initiation

Momentum Shif And Reversal Structure

It takes several stages to complete a trend change from bullish to bearish

momentum or bearish to bullish momentum.
Phases:
(ABCD)
Phases:
(ABCD) - Impulse BC - Sideways price delivery (creating future liquidity to
support lower prices) CD Impulse (into a HTF mitigation)

(ABC)

Impulse (Reaction) BOS (Intention $$) (supported by previous liquidity)

(Future POI) B - Sideways price delivery (creating future liquidity to support
lower prices)
C - Mitigation (within new range Premium/Discount) (creating LH or

True m1 trend shifts will occur at HTF POI/Mitigation; LTF swing reversals
will turn into HTF POIs (reversal structures will form the high or low of a
HTF candle).
Box = HTF
Variation Of
Mitigation 1
Variation 2
Strong Highs And /Lows

A swift change of direction is a strong rejection of higher or lower prices;

the aggressive behavior is BFI activity. BFIs will safeguard these created
highs and lows.
We consider strong highs and lows to be continuations of the LH or HL
trend structure.

An aggressive move away (speed) from a strong high or low, with continued
mitigations away from the strong high or low (Price typically creates a future
POI), will keep a strong high or low in place.

Strong highs and lows can be seen on a variety of timescales. Think

high/low fractals!
The Price delivery :
1. Aggression/Speed 2.Causes a Swing Bos
3.Created at HTF Mitigation - Momentum Shift Rather than focusing on
specific candle formations, look for aggression at highs and lows. Rather
than candle formation, what matters is an aggressive change of direction
(speed).The reason for this is that candle formations vary depending on the
timeframe, but distinct highs and lows can be seen on multiple timeframes.

Our stops can be tight (above or below the H/L) because the BFIs will
always protect their positions so that price will not break past that strong
high or low. Understanding strong highs and lows is why our stops can be
tight.

Order flow and price delivery now shift when a significant high or low is
removed

Weak Highs And Lows

A slow or fast move can result from a weak rejection of higher or lower
prices. When no HTF Swing bos is removed, a quick move will result in a
false intention because it will not produce anything significant. When highs
or lows are stacked together, a slow move away can be easily identified as a
correction.
We consider weak highs and lows to be liquidity that can help a move higher
or lower in the future.
Price delivery:

1. Slow change of direction (sideways PA)

2. No HTF swing structure bos
3. Not formed at a HTF mitigation

Look for swing points that have formed slowly, are turning reluctantly, and
do not appear to be engaging in aggressive activity. Look for swing points
that form quickly, but don't make any significant swing bos.

Weak Low or High, which now becomes future liquidity, = No Aggression >
Slow Change of Direction.
The price is likely to shoot through weak highs and lows.

Building anarrative….

A narrative is constructed over time using the aforementioned ideas.This

ensures that we adhere to the BFI's price delivery initiatives, which we
demonstrate daily on the Telegram channel.

OBSERVATION AND PRICE ORDER DELIVERY Do Think of it as a

business, and anyway it is always abusiness…
Delivery - is the process by which banks and other financial institutions
bring goods or money (order flow volumes) to a specific area or zones to
carry out their plans.It is evident to us in the form of price-versus-time
charts.

Observation ; The act or procedure of closely observing or monitoring Price

is called observation. This is observing how price is transferred from one
BFI Initiation to another without any BIAS indicating which way it is going.
We are reprogramming our subconscious to remove market BIAS learned
either from previous strategy or market experience (ORDER FLOW) Price
Delivery Forms Market Structure in this concept. We are training our
subconscious to see the market's repetitive moves. Watching the market
structure develop via trend or sideways delivery is referred to as price
delivery observation.

How can we track the delivery of prices?

Understanding price delivery is crucial because it will make it easy for you
to execute a position without worrying about losing money or feeling like
you're missing out.You will keep an eye on how the price approaches and
responds to your POI, AOI, zone, or OBs, whichever you choose, and you
will attempt to comprehend WHY, or why it initiated or reacted but did not
follow through. We observe delivery by observing price over a variety of
time frames and analyzing the construction of the currency to support BFI
goals.

Components of price delivery.

Sideways price delivery and range stacking.

BFIs are "STACKING" orders when they play in a long range, keeping
prices between two levels, and they are accumulating orders (from both the
sell side and the buy side).Their objective is to acquire sufficient orders to
support their subsequent significant move (initiation).
The "cause" for the order flow is stacking.

Trend Delivery
Order flow: (mitigation to mitigation) a rapid impulsive move in price action
followed by a brief pause (small range) and a subsequent price impulse in
the same direction, whether bullish or bearish.

Questions to ask yourself when looking around.

What took place? Why did it occur? What is going on?, Why is this taking
place?

Ivan Kumburovic
Multi Time Frame T o p D o w n A
n a l y s i s Structure Breakdown

Approaching The Weekly Time Frame

We want to begin our analysis with this first time frame. Until we broke the
Major Structure High to the upside and moved into the Bullish Phase, we
were in the Bearish Weekly Phase in this example. As they are bullish
phases on Daily - 4 H, etc., I chose the Bearish Phase (left side of PA) to
trade those pullbacks after conducting analysis for long entries.
Approaching The Daily Time Frame

We are currently focusing in on the Weekly Pullback. Additionally, as can be

seen, we are clearly in the bullish phase on the daily (within the weekly
pullback).I put different color points so that you can see exactly what's what,
and I hope it doesn't get in the way. As a result, our focus is on long
positions as the Medium-Long Term holds because the market is clearly
bullish at the moment. Price evidently breaks Daily Structure Highs;
consequently, we must locate our Daily Demand POI from which we will
strike. On the charts, Demand Zones are highlighted. These examples and
my testing indicate that, most of the time, these zones led to Daily Bos.

As soon as we have our daily boss and daily demand, it is time for optional
demand refinements by moving one step further into the 4-H time frame.
2

Approaching The 4H Time Frame

The Daily Bos and Corrective (intraday pullback) PA toward our Daily
Demand zone, which is refined on 4H, are depicted in this chart. We have
our Forecast for a High Probability Bullish Trade Scenario at this point;
however, if we do not have the required patience and discipline to wait for
PA to tap precisely within our POI, all of that can be easily erased.
Our PA taped within the Daily/4H Demand zone, but it is clearly
"BEARISH," so we need to be careful here. Although it is corrective and in
our POI, 4H and 1H remain bearish.

We can exchange Yearns on LTF's from our interest , without hanging tight
for this pullback to finish - yet it will be dangerous play.Therefore, what we
are going to do is move one step further into the 1-year time frame and wait
for 1-year bullish intent (thereby invalidating this bearish move / pullback).
From there, we will be able to identify the 1-year demand that is the most
valuable and set a strike price on LTF at that time because we will have our
1-year to support as with bullish intention as well, not just the lowest time
frames.
3

Approaching The 1H Time Frame

This chart shows everything I said we were waiting for (on the 4H example
above): that the intraday pullback is over by breaking its LH on the first half,
indicating bullish intent, and that our Daily Demand zone, which was refined
for the 4H time frame, is "VALID" and will likely hold. As a result, the
moment we discovered the 1H freshest and best Demand zone, our
likelihood of going LONG dramatically increased. Now that we have bullish
on the daily and 1H charts, we want to switch to bullish on the minute to
take advantage of this. It would be the best opportunity for trade success. So,
let's go.
Approaching the 1 MIN Time Frame

First and foremost, you must recognize that the 1 Minute Time Frame is best
used only for setting your broker's entry order. The same holds true for
2,3,4,5 minutes. When trading from multiple time frames (which is
definitely preferred by the smart money concept), there is no reason to trail
on 5 minutes because you will end up taking Loss-Breakeven or 10%
maximum Win (in most cases). There is also no reliable "long life" structure
for building case for entries.

Trading larger trends on multiple time frames and trailing for at least one
hour is a better option because, in most cases, you can get trades with losses
of 50 to 150 percent if you catch the right move. In the meantime, you can
also trail below 1H swing Highs/Lows (which is on the shortest time frames
as 1 minute to 5 minutes nothing but suicide caused by fear of losing running
profits). Now let's get back to setup. The process is really the same. We get
our 1 minute intent and find our demand zone, which is the zone where we
will set our Buy Limit Order.
Management– Now Looking at 1H and Daily Timeframe

We need to know our management plan for trailing and exiting now that we
are in the running HP position and moving inside the weekly pullback,
which means we are riding the daily trend.

Before you even apply for the position, you need to organize this plan so that
you can plan the entire story, from execution to exit. The most important
thing is to stick with that once you know all of your management levels.
Naturally, we will not always use Daily Structure as TP zone; this will
depend on Sessions, our own trading hours, and our Account Balance
(Account Balance means ""I decided to keep things simple in this example
by pointing out Intraday 1H Structure Highs as "Sub-structures" within
Daily High and Low for taking Short Term positions, which still can provide
us with approximately 30% on Average (according to my testing) and I
pointed out Purple point - as Swing holds for Big profits on Daily Structure
Breaks. Am I doing short term for the purpose of compounding or am I
holding big Swing Trade for big capital gain later, which will not give
compound to my Account any time
When BFIs stack their orders and are ready to push price in the
direction they intended, they initiate price. We view this as an aggressive
or semi-aggressive move that breaks the structure. Initiation causing a
bos (INI bos)

Structure

The BFIs' persistence, their price delivery, and their creation of

structure —also known as trend, LL, LH, and HH, HL—move the
market.
The structure continues to exist as long as no LHs or HLs are removed.

Momentum Shift (MS) (Reversal Structure)

A momentum shift from a bearish to a bullish market structure (higher
prices) or a momentum shift from a bearish to a bullish market
structure (lower prices)
1. The Paintbrush tool is used to annotate and forecast; the Ray line is
used to identify a high or low;
2.the Risk to reward tool is used to show entry and running %;
3.the Parallel channel tool is used to signify an OB or Inefficiency Void;
4.the Rectangle Tool is used to identify zones, momentum, and
highlights;
5. the Trend line Tool is used to identify liquidity; the Fib Tool is used to
identify premium/Discount price ranges; and the Price Range Tool is used to
identify the pi
Chucks Chart
Burtons Chart

The Break and Retest Analysis

I appreciate everyone's support .Seed, who taught me this holy grail,

deserves a lot of credit because it has taken me a long time to develop a
strategy that works for me.70% of the time, this arrangement has worked.
People say that trading in this market is hard, and to learn how to trade, you
need to read over 500 pages of forex books and articles. Trading, in my
opinion, is easy if you stick to one thing. To be able to trade, you don't need
hundreds of books or pages of knowledge. I will demonstrate with this pdf
that you only need one page to succeed in this market.

Things will take time, just as the seeds planted do not always germinate
immediately. However, that does not mean they will never do. So to develop
a method that is effective for me, it took me a full year. One trade per day is
all you really need if you have patience, discipline, and risk management
skills.

If you practice this break and retest strategy well, it can benefit you greatly
in the long run. Consistency is essential. I have written this for you all for
free as a way to express my gratitude. I hope you all find this pdf useful, and
please continue to spread the word.
Example: GJ 1HR

1) ZONE
IDENTIFI 2) BREAK 4) RANGEED FILL/CONTINUATION
3) RETEST

STEPS AND REGULATIONS:

1) A ZONE IS IDENTIFIED AND RESPECTED ON ONE HOUR AND
ONE MINUTE;
2) A CANDLE BREAKS THIS ZONE AND MAKES A NEW HIGH.
3) The price goes back down to the broken zone (your position's entry zone).
4) The price goes back up to the high filling the range (the same rules apply
for bearish occasions).

15-minute zones - Numerous trades. Zones with a low probability for 30

minutes and a high probability for 1 hour and 50% probability for 4 hours
have the fewest trades and the highest probability.70% of the time, this
method is effective. It works well in markets that are trending. Simply put,
the market performs this function on a regular basis. As a result, if you
adhere to this strategy consistently and with discipline, you will undoubtedly
achieve success in your trading.
Again, thank you for your assistance.