For market to move, it needs liquidity in terms of supply and demand as well as sell/buy stops.
When market is in your POI, ask yourself the following:
In terms of PULLBACK:
> If Price Sweeps liquidity then = DEEP PULLBACK at DEEP POI
>If Price not sweeps liquidity then = ONLY TO CLOSE POI BULLPACK
kind regards
When market is in your POI, ask yourself the following:
- LOOK LEFT, Has price taken liquidity ON THE WAY TO POI?
- LOOK NOW, Has price GENERATED liquidity ON THE WAY TO POI?
- LOOK LEFT+NOW, Has price GENERATED liquidity BOTH?
- If YES = Price will respect DEMAND/SUPPLY ZONE
- If NO = Price will MOVE FURTHER to Lows or Highs for liquidity
- If YES = Price will MOVE FURTHER to SWEEP liquidity + RESPECT into DEMAND/SUPPLY
- If NO = Price will MOVE FURTHER to Lows or Highs for liquidity
- If YES = Price will SWEEP + respect DEMAND/SUPPLY ZONE
- If NO = Price will MOVE FURTHER to Lows or Highs for liquidity
In terms of PULLBACK:
> If Price Sweeps liquidity then = DEEP PULLBACK at DEEP POI
>If Price not sweeps liquidity then = ONLY TO CLOSE POI BULLPACK
kind regards