Help me keep on posting by clicking on BOOST! (it's like "liking") This expectation is a framework to look for a potential trading setup; I don't just execute based on these levels, I always wait for confirmations on lower timeframes This Analysis was done using my complete Strategy which includes: - Smart Money Concepts - Multi Timeframe Liquidity and Market Structure - Supply And Demand - Auction Theory - Volume Analysis - Footprint - Market Profile - Volume Profile - WYCKOFF (IS THE KING) - ETC
Trade active
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So far, it played out brillantly. I took some shorts that hit my TP (the low of the day, as described in the chart) and now about to take a long :)
Trade closed: target reached
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The price didn't give me any confirmation to go long, so I didn't. Moreover, it created an apparent redistribution.