MODG - How to identify and enter a LTF trade

20 במרץ

Here's a quick idea and how I could simply analyze a potential trade like this short on MODG:
1. Higher Time Frame intentional target
2. LTF Supply zone (level where known sellers exist)
3. Certain technical confluences within the algorithms, volume, and price action

1-2-3 punch and we've set ourselves up with a potential 1:12 Risk-Reward trade!

Happy Trading :)

20 במרץ

עסקה פעילה

Trade (short) entered at the rejection of our LTF supply zone! Stop loss at $6.79 set - and now we just wait patiently!