Im already in the short from the Weekly BreakerTargeting the first liquidity in the discount. It has much more potential for the downside, but not a straight move.
Will be monitoring for the re-entry.
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Hi traders, welcome to this trade breakdown. Its situation has played out and I traded with decent gains. I'm still in the position and I expect more downside coming however my TP is in the 50% of the CLS range.
The goal of this post is to show you briefly my unique method of reading the market by understanding CLS.
Let's put it all together 🧩
Follow me I will be posting more educational posts like this one and don't hesitate to ask any questions in the comment.
📍HTF Level - Weekly breaker / FVG
📍Price just approaching the Daily and Weekly CLS range
📍If the next weekly candle closes inside then more sell of is confirmed.
At this moment, I took partial profit and SL is on the break even.
📍HTF view
What is CLS?
You may never hear about them.
Just find out about them on Google or their website. This company is trading for the biggest investment banks and central banks. They trade over 6.5 trillion daily volume. They are simply market maker.
I cannot say that this is exactly how the market works. But I have spent countless hours directing the behaviour of CLS.
Its accuracy is amazing.
Good luck and hope this post helps you understand my view
Dave Hunter
