KAVAUSDT.P Liquidity Grab (Short) 5/22/2023
Updated
Our previous analysis on the AOV entry hit its SL, this shows that it could potentially be going for a liquidity grab on the recent swing high. With proper risk management, we can continue to aim for the short potential of this chart, due to the clear imbalance below that is most likely to be filled in time.
Trade closed: stop reached
Unfortunately, the buying pressure was too much for our tight stop-loss, with lower leverage and higher risk we should be able to profit from setups like this. Lesson learned for the future.Disclaimer
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