So about the liquidity trading concept I talked about, I had already mapped out that zone on EURUSD since last week to the continuation of the downtrend, now ride with me
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Like ❤️ + Retweet so a friend can learn
Due to the H1 supply been huge, I decided to play on confirmations, so I went straight to M5 and M1 as my use case in this scenario. I waited for a BREAK OF STRUCTURE to the downside to further confirm my confluence, unfortunately for me there was no Unmitigated OrderBlock on M1
the minimum timeframe) so I noticed price already gathered liquidity close to the OB, all I did was just place my entry at the exact same point of INDUCEMENT placing my stoploss a little bit above the last wick (can be dangerous in most cases as market might still have order
things in play) to target the last wick on H2 timeframe as my TAKE PROFIT.. which gave us a sweet 1:20+ RR
Please kindly take note that whenever you see a break of structure always check if it’s coming from a Supply zone or a demand zone so Market won’t use as a liquidity
Please kindly take note that whenever you see a break of structure always check if it’s coming from a Supply zone or a demand zone so Market won’t use as a liquidity
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