10 AM Trade – Entry After Buy-Side Liquidity Manipulation
After the 10 AM candle formed, price quickly expanded higher, as we had anticipated, taking out the buy-side liquidity before tapping into a new week opening gap low. Once this manipulation played out, I observed the price action on smaller timeframes, particularly the 1-minute chart, where we saw a bullish break for value gaps. I used this as an inverse setup to enter on the third or fourth candle.
The trade eventually played out, moving lower as expected, setting the stage for further price action that I’ll explain in more detail in the upcoming videos.
Trade Overview:
Entry: After the 10 AM candle, based on a break of a bullish FVGs on the 1-minute
Bias: Anticipating buy-side liquidity manipulation and a move toward lower prices
Execution: Entered on the third or fourth candle, holding for a continuation lower.
The trade eventually played out, moving lower as expected, setting the stage for further price action that I’ll explain in more detail in the upcoming videos.
Trade Overview:
Entry: After the 10 AM candle, based on a break of a bullish FVGs on the 1-minute
Bias: Anticipating buy-side liquidity manipulation and a move toward lower prices
Execution: Entered on the third or fourth candle, holding for a continuation lower.
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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.
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.