Same investor same move ;)Hello everyone :)
We see that the move we called Liquidity run before ended with an average of 60%. He seems to have started a similar movement now, and the volume at the beginning of the movement is same. Most likely, the smart money in this coin plans to make the same move again. Since this person or community is satisfied with an average of 60% profit, it would be reasonable to take profit from the place shown in the chart or before as a target.
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Liquidation
GBPCAD H1 - LONGPrices broke structure, leaving behind 2 ranges to work with. The one above has a smaller range therefore, we could trade the immediate BOS if we see a structural shift onto demand area.
Otherwise, with the context of the entire market structure, we could wait for a deeper pullback > accumulation and the transfer of weak into strong hands for a valid buy.
USDCAD DAILY - SHORTUSDCAD Projections towards the downside. Prices broke the Swing Low that created the Ultimate High, showing us that it wants to go bearish.
We could sell into the immediate demand area created on the daily. Otherwise, wait for the demand to fail and trade the flip zone AKA Supply that cause demand to fail.
CADCHF 30M - LONGPrices taps into a weekly POI, gave us a shift in structure on the H8 timeframe establishing a new trading range for us to work with.
Now, we can get involved with the H8 timeframe's trading range instead of working the entire weekly range which is too huge. Wait for confirmations onto demand areas to get involved in BUYS.
XAUUSD H4 - LONGPrices left behind a 2 demand areas for us to get involved.
No, we do NOT place a buy limit order just like this. Instead, we wait for confirmations and a new range to appear, before looking for buy opportunities.
What do I mean by creating a new range? If we start to see a HTF Break of structure, like the H1 or the H4, we can trade them using the 5m-15m confirmations.
Elevate Your Trading | How to Track Liquidity and How to TradeEver thought a price moves because it's on support level or below a resistance level? Or because your favourite indicators show a buy/sell signal and you want the price to see the same and move in you favourite direction? A Big No, dear. That simply won't happen...
The main gyrator of the market is "Liquidity"
What is liquidity?
Liquidity, in very simple terms, is where stops are. And that's (mainly) below relative equal lows or above relative equal highs... So you're now maybe thinking, "well, that's why I get stopped out just before the price moves violently in my previous direction.."
Exactly, that's it... Learn how to see where liquidity is resting and how to to become engaged in a good trade...
That's exactly what I want you to do...
And here is one lesson of many that I will post.. in addition to live calls when I see high-probability setups... I will turn your eyes to it...
Ther are a lot more to come, so don't forget to ▶️ LIKE ▶️ FOLLOW to keep updated with everything I post..
Let me know in the comments what you wanna be the second lesson on..
Good Luck&Be Safe