Setup:
Flow is up
Major and Minor swings
Swing expansion
Pivot component takes out controlling sellers
Entry:
Re-test 50% of the gap
Stop:
Under 3 bars hard
Target:
3:1 RR higher high
Flow is up
Major and Minor swings
Swing expansion
Pivot component takes out controlling sellers
Entry:
Re-test 50% of the gap
Stop:
Under 3 bars hard
Target:
3:1 RR higher high
Note
Order filledNote
Close shave, but still in the trade.Lesson:
The importance of using structure to hide stops
Trade closed: stop reached
Moved to break even
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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.