🔷 Setup Summary: SFP + Key Volume Combo
1. Context:
Pattern: Double Top + SFP (Swing Failure Pattern)
Timeframe: Likely M15–H1 (possibly during Asian/European session)
Background: Price breaks previous high slightly (liquidity grab), then sharply reverses — a clear trap.
2. Confirmation:
A clear Key Volume candle appears at the top — signaling market maker action.
A strong rejection candle (pinbar or engulfing) confirms the SFP.
Price fails to hold above the new high — trap confirmed.
3. Entry Strategy:
Entry: After the SFP confirmation candle closes.
Stop Loss: Above the SFP high or Key Volume wick (a “valid” SL, not necessarily tight).
Take Profit:
Short-term: 3R (if trading intra-session).
Long-term: Target demand zone or Daily support if trend supports it.
4. Risk Management (per system guidelines):
Max risk per trade: 1–2% of account.
If setup invalidates: cut the loss immediately, don’t widen SL or overtrade.
1. Context:
Pattern: Double Top + SFP (Swing Failure Pattern)
Timeframe: Likely M15–H1 (possibly during Asian/European session)
Background: Price breaks previous high slightly (liquidity grab), then sharply reverses — a clear trap.
2. Confirmation:
A clear Key Volume candle appears at the top — signaling market maker action.
A strong rejection candle (pinbar or engulfing) confirms the SFP.
Price fails to hold above the new high — trap confirmed.
3. Entry Strategy:
Entry: After the SFP confirmation candle closes.
Stop Loss: Above the SFP high or Key Volume wick (a “valid” SL, not necessarily tight).
Take Profit:
Short-term: 3R (if trading intra-session).
Long-term: Target demand zone or Daily support if trend supports it.
4. Risk Management (per system guidelines):
Max risk per trade: 1–2% of account.
If setup invalidates: cut the loss immediately, don’t widen SL or overtrade.
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.