M15 Sniped Entry
1. Price has created liquidity above our entry point which is pretty nice, because we want price to take out liquidity first because if not then we will be part of the liquidity.
2. This setup is perfect it matches everything our strategy requires: Price has reached a demand zone in Daily and 4H time Frame, we can see that in LTF price has taken out liquidity from last low and immediately broke structure leaving us with a ChoCh, indicating price has weakened.
3. So this is our confirmation to buy, we gotta be clear that this is a risky trade because we are trading a pull back, Remember price is bearish is higher time frame.
2. This setup is perfect it matches everything our strategy requires: Price has reached a demand zone in Daily and 4H time Frame, we can see that in LTF price has taken out liquidity from last low and immediately broke structure leaving us with a ChoCh, indicating price has weakened.
3. So this is our confirmation to buy, we gotta be clear that this is a risky trade because we are trading a pull back, Remember price is bearish is higher time frame.
Trade closed: stop reached
As i said the trade was risky, and we had the NFP News. My projection for the upcoming week is price will start a complex pull back to higher time frame such as 4H TF 
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.