Excuse the messy chart, it looks nicer on Lower Time frames. Anyways, here we have a distribution occurring at a very precise & refined entry. With other confluence & confirmations, I felt comfortable taking this trade. I targeted partials at Liquidity/EQL's, I was targeting lower prices but I closed as I'm more than happy with this trade already.
Pt. 2. Secured 12 R, got re-entries at same exact entry and secured another 11 R. Im still expecting lower prices, stops at BE, will see what happens next.
Here we have a great trade, classic distribution for a refined entry & targeting key zones for our TP. SL was super tight as we had a BOS, so if it hit our SL it would invalidate our idea and just tell us to look for better entries. Anyways, my TP's are liquidity zones & HTF OB so I am looking for market to grab these areas. Final TP is around a 15 RR. Let's see.
Trade only reached about 20 pips before i took partials & moved stops to BE. Let runners go to BE. Price filled a HTF distribution/accumulation, waiting for a retest on the LPS ( fractal entry using 1 min accumulation/distribution.) Still same Targets of Order Block/Imbalances on HTF.
Here, we have a Wyckoff schematic found on 15 Minute Chart. Fractally, the market is going through phases of Distribution & Re-Distribution. These were used to find sniper 1 Minute entries. SL was just above a HTF order block/demand zone. TP is aimed for zones of liquidity, HTF Imbalances, and supply zones. Partials were taken ta SC, about halfway to TP1 &...