Outcome: Loss Step 1: Trend Direction Step 2: Where are the banks / Liquidity Step 3: Candlestick Pattern Step 4: POI Step 5: LTF Wickoff for POE Step 6: Set Limit Orders Step 7: (Not implemented here) Re-entry *Have yet to use wyckoff schematic to identify POE - Still working on this. Next Steps: Target the lower POI as we are still in an uptrend...
Step 1: Trend Direction Step 2: Where are the banks / Liquidity Step 3: Candlestick Pattern Step 4: POI Step 5: LTF Wickoff for POE Step 6: Set Limit Orders Step 7: (Not implemented here) Re-entry *Have yet to use wyckoff schematic to identify POE - Still working on this.
Practicing identifying SMC X Wyckoff Setup. Step 1: Trend Direction Step 2: Where are the banks / Liquidity Step 3: Candlestick Pattern Step 4: POI Step 5: LTF Wickoff for POE Step 6: Set Limit Orders Step 7: (Not implemented here) Re-entry