XLMUSDT Short Scalp - 30m- Price creates a bullish imbalance going forward
- Price creates buy-side liquidity (BSL) and then proceeds to clear BSL highs
- Price then drops and clears BSL lows, creating a change of character (CHoCH)
- After creating a change of character, price proceeds to move back upwards, forming internal liquidity
- Price then clears this liquidity (L) and mitigates supply
- After confirming a bearish reaction candle from mitigation, we look for shorts
- SL is set to the breaker block that occurs just before the main supply zone
- Tp1 is at the final wick high before the bullish imbalance candle
- Tp2 is set at the bottom of external liquidity