mmediately after bos or the smaller market structure shift, start switching between m5/4/3/2/1 to look for fvg.
2 possible "bullish" lowertimeframe scenarios what Im looking at.
Either 1 sided manipulation or 2.
Either 1 sided manipulation or 2.
And here we go.. TP (low hanging fruit) nearly reached, collapsing most here and leaving something running for long term ofcourse as well.
Took the sneaky bait as You can see, then quickly realized the lack of momentum, took small loss, waited - got a nice NICE wick rejection and loaded this thing uppp big time as we got the one sided manipulation move playing out - they obviously got some of the stops with that wick and first (bait) wasnt enough as seen from the momentum. Thats why its important to watch the rejection closely for me to decide wheter going in or not. Also never afraid to book a small calculated loss if desired reaction is not there.
Focus on liquidity /Stop Hunt - Lesson # 1
then add all other concepts;
price needs to hunt the liquidity (equal low/high a small swing), if there is another small breaker or ob but beneath it has liquidity then price will not respect any breaker or OB, same goes to fair value gap take out some equal lows/highs but dont fill the fvgap fully (as some higher time frame breaker will hold it) and does BOS in small time frame and retest the valid OB inside fair value gap.
then add all other concepts;
price needs to hunt the liquidity (equal low/high a small swing), if there is another small breaker or ob but beneath it has liquidity then price will not respect any breaker or OB, same goes to fair value gap take out some equal lows/highs but dont fill the fvgap fully (as some higher time frame breaker will hold it) and does BOS in small time frame and retest the valid OB inside fair value gap.
No comments:
Post a Comment