$MATIC - To Send Under Sell Side Liquidity Before Bullish Return

*SMT = Smart Money Theory = everything you think that is not retail related to trading. First, SMT does not believe that triangles, wedges , trendlines , channels, harmonics, etc. has any effect on how price reacts. The second is to recognize that the price is not random, it is set by an algorithm controlled by those that control the asset. The Third thing to remember is price will move toward Liquidity and Balance. That's the basics. The rest is very unique in the vocabulary you need to have and the concepts that wrap around these ideas.

There was too much thought that went into this chart to even try to explain. But I think I make the entry points clear, that if it does get to those entry points, to add a position to the trade. When getting to the take profits, take a % off as a profit from the trade. But this chart should be foolproof unless something catastrophic happens.

TP3: 2.62499282
TP2: 2.51605485
TP1: 2.44690000
E1: 2.27610000
E2: 2.25454172
E3: 2.16770000
E4: 2.11720000
SL: 1.97495881

Good Luck and Happy Trading.

Trade active:

Entry 1 and 2 hit.

Trade active:

Just made it to entrance three. Added another position and increased my leverage.. not by much but enough that if this thing comes out full force steam ahead... which it should in about 16-24 hours, then we should see some good gains.

Comment:

Entry 4 hit heading towards entry 1. added larger positions and more leverage, I'm in the positive now on this one.

Trade closed: stop reached:

Well my scalping on the way up helped out my minimal losses but I still took a loss. Oh well