Hello Traders
As you can see the price purged the daily buy-side liquidity and then the market structure was shifted on the hourly chart.
Now the price is inside a range, creating the double purge scenario for us.
If the price sweeps the buy side liquidity first, it is a chance to enter the sell position with LTF confirmation.
💡Wait for the update!
🗓️10/05/2024
🔎 DYOR
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Trade closed: target reached
The price hit the TP after collecting the buy-side liquidity.The results: +40 Pips
Cheers 🥂
I hope you use this TA.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
👑Join my free Telegram channel: t.me/TradingFX_ICT
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.