I spotted a nice trade according to my usual rules. Here are some confluences that influenced the trade:
1. A recent close of a market maker model.
2. Buyside Liquidity is a good distance away.
3. A market structure shift to signal the beginning of a trend change.
4. A fair value gap that accompanies the market structure shift, which shows just how strongly the price wants to reverse.
1. A recent close of a market maker model.
2. Buyside Liquidity is a good distance away.
3. A market structure shift to signal the beginning of a trend change.
4. A fair value gap that accompanies the market structure shift, which shows just how strongly the price wants to reverse.
Trade closed: target reached:
TP hit!