Hello traders,
The EURNZD pair has decided to take a breather and has setup liquidity traps for traders who are not detailed enough. I decided not to mark the liquidity trap but I urge you to look for it and trust me, you will find it. It's quite easy to see.
So what do we do? we put our entry below the liquidity trap. When the market makers go to sweep this liquidity, it will trigger the limit order set.
Let me know in the comments if you agree with this view.
BR
David
The EURNZD pair has decided to take a breather and has setup liquidity traps for traders who are not detailed enough. I decided not to mark the liquidity trap but I urge you to look for it and trust me, you will find it. It's quite easy to see.
So what do we do? we put our entry below the liquidity trap. When the market makers go to sweep this liquidity, it will trigger the limit order set.
Let me know in the comments if you agree with this view.
BR
David
