Price swept liquidity, made a false breakout of the 1D swing, and closed above.
After that, we have a break in market structure, which shows us sign of strength on key level.
That's why there's a higher probability of seeing prices higher at FTA (first trouble area) as next liquidity level.
Keep it simple and consistent!
After that, we have a break in market structure, which shows us sign of strength on key level.
That's why there's a higher probability of seeing prices higher at FTA (first trouble area) as next liquidity level.
Keep it simple and consistent!
Trade closed: stop reached
-1R
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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.