This setup has always been effective. After every sweep of liquidity to an active demand or Supply level, price often creates a Market Structure shift indicating current trend reversal, then it creates another low/high close to another Demand and supply zone newly created and breaks structure (BOS). Now price will come back to sweep the low close to Demand or Supply area and then continue moving in intended direction!
But in a case whereby there was no low or high formed before break of Structure, That's when Engineered Liquidity concept is applied. Learn and Apply!!
But in a case whereby there was no low or high formed before break of Structure, That's when Engineered Liquidity concept is applied. Learn and Apply!!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.