1- Think of it with a top down approach. Starting from m30, there is an External Break of Structure to the upside. Lots of liquidity sitting above the highs. Last Break of structure for a Buy. No more Selling Break of Structure to block this force.
2- Go down to a lower time frame, m15 in this case, to spot a Point of Interest (area of entry where price reaches the lowest point of true mitigation). From this point, price will take off. This is the green zone highlighted on the chart.
3- Set an entry at the top of the zone, SL below the bottom of the zone, and TP above the highest liquidity point on m30. In this case, I am seeking liquidity on m30, on H2 and even on H8! Which is why my RR is >30 this time.
High probability trade as there are no contradicting forces.
Good trade to all of you!
2- Go down to a lower time frame, m15 in this case, to spot a Point of Interest (area of entry where price reaches the lowest point of true mitigation). From this point, price will take off. This is the green zone highlighted on the chart.
3- Set an entry at the top of the zone, SL below the bottom of the zone, and TP above the highest liquidity point on m30. In this case, I am seeking liquidity on m30, on H2 and even on H8! Which is why my RR is >30 this time.
High probability trade as there are no contradicting forces.
Good trade to all of you!
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。