1. Bullish orderblock 2. Shift in structure 3. Liquidity gap retracement
Trade closed: stop reached
Price went down to the bigger orderblock and took out some liquidity on the bottom. I will be re-entering to catch the move. I closed the trade before it hit the stop loss and i already had profits from closing the position early.
Never get stomped by losses, you minimize them and you let your profits run. It's all about Risk/Position Management
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.