Time and Price
When price liquidating (sweeps) previous day high[pdh] (same day high/ Asian high ) , and price came to liquidating the high at perfect time London open time 2 [utc -5] ,after collecting Buy side order (buys side liquidity ) prices will tries to push downwards . since , our htf view is bullish this one is low probable set up .. but still a Valid One
In 5 mint time frame , after liquidating pdh. we can see a clear 5 mint engulfing candle .. and price creates a inducement to sweep . we can either enter on the 5 mint candle or after price swp the inducement candle .. while placing SL right above the high and target a nearby imbalance (FVG) or previous day low [pdl].
In 5 mint time frame , after liquidating pdh. we can see a clear 5 mint engulfing candle .. and price creates a inducement to sweep . we can either enter on the 5 mint candle or after price swp the inducement candle .. while placing SL right above the high and target a nearby imbalance (FVG) or previous day low [pdl].
כתב ויתור
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