Trading Plan
1. Daily Bias - Bearish
2. Dealing Range - Price at discount
3. PD arrays - Doji followed by FVG (Sell side Inefficiency) at Supply (48500)
4. Liquidity - Both Sell side and buy side available.
5. Draw on Liquidity - Previous day Low
Concept Applied : Power of Three - AMD
A - Accumulation
M - Manipulation
D - Distribution
As the daily bias is bearish, expecting price to go higher from daily open price and takes out day's high (Buy side liquidity) and creates a strong displacement with imbalance(FVG) which creates market structure shift (MSS) and
Entry inside FVG and SL above Day's High.
1. Daily Bias - Bearish
2. Dealing Range - Price at discount
3. PD arrays - Doji followed by FVG (Sell side Inefficiency) at Supply (48500)
4. Liquidity - Both Sell side and buy side available.
5. Draw on Liquidity - Previous day Low
Concept Applied : Power of Three - AMD
A - Accumulation
M - Manipulation
D - Distribution
As the daily bias is bearish, expecting price to go higher from daily open price and takes out day's high (Buy side liquidity) and creates a strong displacement with imbalance(FVG) which creates market structure shift (MSS) and
Entry inside FVG and SL above Day's High.
Order cancelled:
No entry triggered as I am bearish but markets opned bullish didn't find my setup.