Over the past two months, GBPJPY has consistently broken through two key liquidity zones before continuing along its main direction.
For example, after the upward channel breaks the liquidity at points 1 and 2, the price retraces and then continues in the main direction. When the price breaks through liquidity at points 3 and 4, the market goes into another liquidity accumulation phase.
🔑 Based on this logic:
This time, the price is rising to the SELLER IMB zone, which is a liquidity accumulation area. When the price breaks and then retraces again, that's our entry point.
We can go short at this level and wait for the price to retrace further towards the low liquidity point 8.
🎯 Precise Entry:
To optimize the risk-to-reward ratio, we will use a smaller time frame for entry, allowing us to capture the pullback more precisely.
💡 The market is like a butterfly—light and difficult to catch. But as long as you have a clear plan and base your trades on sound logic, every trade will progress steadily. No matter how the market moves, you will be able to seize every opportunity.
If you want to learn how to apply logic and strategy in the market to improve your consistency, feel free to join the APL Learning Community, and let's take the path to successful trading together! 🚀
For example, after the upward channel breaks the liquidity at points 1 and 2, the price retraces and then continues in the main direction. When the price breaks through liquidity at points 3 and 4, the market goes into another liquidity accumulation phase.
🔑 Based on this logic:
This time, the price is rising to the SELLER IMB zone, which is a liquidity accumulation area. When the price breaks and then retraces again, that's our entry point.
We can go short at this level and wait for the price to retrace further towards the low liquidity point 8.
🎯 Precise Entry:
To optimize the risk-to-reward ratio, we will use a smaller time frame for entry, allowing us to capture the pullback more precisely.
💡 The market is like a butterfly—light and difficult to catch. But as long as you have a clear plan and base your trades on sound logic, every trade will progress steadily. No matter how the market moves, you will be able to seize every opportunity.
If you want to learn how to apply logic and strategy in the market to improve your consistency, feel free to join the APL Learning Community, and let's take the path to successful trading together! 🚀
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.