Concept:
Looking for a sell setup when price reaches a 4-hour demand zone.
Price should first take out the previous day's high (PDH) (liquidity grab).
After the reaction at the previous day's low (PDL), an inducement should form.
The setup is confirmed when the market structure shifts (MSS) after the liquidity grab.
Execution Plan:
Identify the 4H Demand Zone
Look for a strong bullish order block or fair value gap (FVG) in the 4-hour timeframe.
Wait for Liquidity Grab at PDH
Price should sweep the previous day’s high to trap breakout buyers.
Monitor Reaction at PDL
If price reacts from the previous day’s low and forms an inducement, it confirms liquidity engineering.
Look for Market Structure Shift (MSS) & Entry Confirmation
Enter a sell trade when price breaks a lower timeframe structure (M5 or M15) with a strong bearish candle.
Use a fair value gap (FVG) or an order block as an entry trigger.
Set Stop Loss & Take Profit
Stop Loss: Above the liquidity grab (PDH or 4H OB).
Take Profit: 1st target at the previous day's low (PDL), extended target at a discount level (Fibonacci 0.62).
Indicators & Tools:
Looking for a sell setup when price reaches a 4-hour demand zone.
Price should first take out the previous day's high (PDH) (liquidity grab).
After the reaction at the previous day's low (PDL), an inducement should form.
The setup is confirmed when the market structure shifts (MSS) after the liquidity grab.
Execution Plan:
Identify the 4H Demand Zone
Look for a strong bullish order block or fair value gap (FVG) in the 4-hour timeframe.
Wait for Liquidity Grab at PDH
Price should sweep the previous day’s high to trap breakout buyers.
Monitor Reaction at PDL
If price reacts from the previous day’s low and forms an inducement, it confirms liquidity engineering.
Look for Market Structure Shift (MSS) & Entry Confirmation
Enter a sell trade when price breaks a lower timeframe structure (M5 or M15) with a strong bearish candle.
Use a fair value gap (FVG) or an order block as an entry trigger.
Set Stop Loss & Take Profit
Stop Loss: Above the liquidity grab (PDH or 4H OB).
Take Profit: 1st target at the previous day's low (PDL), extended target at a discount level (Fibonacci 0.62).
Indicators & Tools:
Trade closed manually
1:2rr after beck even , break even hitting
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.