hello and greetings to everybody.
today we have almost a perfect setup to execute and I will explain the details in a minute so bear with me.
in the 1h picture, we clearly have a bullish structure and price in my opinion finished the pullback phase and is ready to go higher.
we came to a 1h demand and after that, the price broke the structure and gave us the confirmation but the other thing is before that move the price sold very aggressively to the downside and liquidated all those orders then gave us a shift in market structure shift and also that low that got liquidated was the previous day low too.
I'm thinking at this point that the price will probably go and will take out the external liquidity or maybe the week high.
so I opened an order set it at a 15-minute order block and targeted all those liquidity to the upside that is marked on the chart and if we get tagged in the order after that BE line I'm gonna go break even.
for context, the blue dots are our current micro range that I mark personally.
that is it, thanks for reading.
today we have almost a perfect setup to execute and I will explain the details in a minute so bear with me.
in the 1h picture, we clearly have a bullish structure and price in my opinion finished the pullback phase and is ready to go higher.
we came to a 1h demand and after that, the price broke the structure and gave us the confirmation but the other thing is before that move the price sold very aggressively to the downside and liquidated all those orders then gave us a shift in market structure shift and also that low that got liquidated was the previous day low too.
I'm thinking at this point that the price will probably go and will take out the external liquidity or maybe the week high.
so I opened an order set it at a 15-minute order block and targeted all those liquidity to the upside that is marked on the chart and if we get tagged in the order after that BE line I'm gonna go break even.
for context, the blue dots are our current micro range that I mark personally.
that is it, thanks for reading.
Trade attivo
unfortunately the setup was perfect and the price moved slightly in our favor but the market had other choices so I was a L but we move on and forget the losses and look to the future trades.remember you can't avoid losses, but you can manage it.
have a great day guys.
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.