Mitigation Blocks 💎 Simple Trading
A Thread🧵
A Thread🧵
When price action breaks down and returns to reference point '1', the long positions from the '1' to '2' price swing will have an opportunity to mitigate their loss that occurred when price fell from '2' to '3'.
This can lead to new lower price swings to retest '3' or even lower towards the HTF support level under market price.
This can lead to new lower price swings to retest '3' or even lower towards the HTF support level under market price.
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