This trade is based on a potential liquidity grab at the recent lows, followed by bullish confirmation. The entry is well-placed near a demand zone, with a tight stop-loss below the recent low and a target towards the previous supply zone.
Entry: After a possible stop hunt below the previous structure.
Stop-Loss: Below the liquidity zone to avoid being trapped.
Take Profit: Aiming for a strong resistance level above.
If price continues to hold above this level, bullish momentum could push higher. A clean risk-to-reward ratio setup, aligning with smart money principles. 🚀
Entry: After a possible stop hunt below the previous structure.
Stop-Loss: Below the liquidity zone to avoid being trapped.
Take Profit: Aiming for a strong resistance level above.
If price continues to hold above this level, bullish momentum could push higher. A clean risk-to-reward ratio setup, aligning with smart money principles. 🚀
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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.
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.