Price broke down on the 25th creating a huge gap in liquidity (Buyers couldn't get a fill). Those waiting for a retest of the break didn't get a fill as well. Expecting price to ride up & take those orders before further breakdown to daily fvg
As always trade with good risk management
Please like & support my work to enable me continue to drop useful insight
also follow for more massive tips
As always trade with good risk management
Please like & support my work to enable me continue to drop useful insight
also follow for more massive tips
Note
Refer to my comment in the chart "liquidity taken will exit at 4h fvg above new york high created on 26th trapping early sellers"....Price has now liquidated early sellers by taking out the most recent highsNow we wait for a breakdown confirmation before entering our setup
Tell me, what is your entry technique, comment below;
Trade active
Are you in?Like & Follow
Trade closed manually
Secured 110pips ahead of the news today & as expected volatility came in, will watch what happens next.A lot of volatility this week
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.
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.