POI 1: IC | Sell to Buy, clearing liquidity, filling imbalance and mitigating and mitigating previous IC Sell to Buy. Anticipate price dropping near market open to mitigate imbalance prior to climbing up to previous IC Buy to Sell. Or if move fails.. will look to long the IC Sell to Buy open order below
POI 2: IC Buy to sell, clearing liquidity above prior to dropping with a slight imbalance prior to chopping down. There is liquidity forming above, which I do believe will be cleared prior to dropping of further (if price does drop off further). Though it is a small time frame play (Higher Probability to fail), the RR is worth the risk with a reduced risk entry. Probable 10+ RR if price mitigates the IC Open Order Sell to Buy Below.
POI 3: IC Sell to Buy, clearing liquidity prior to extending up with a BOS forming a HH and leaving an imbalance. This is the classic mitigation set up. Anticipating price to mitigate to open order and fill the imbalance prior to price moving to HH on larger TF. High Probability to win, especially if POI 4, the IC Buy to Sell at the top is not mitigted prior to dropping to POI 3
POI 4: IC buy to Sell (News Event) Clearing liquidity prior to the large drop off. Aniticipating price to mitigate to IC open Buy position with at least a 3RR reaction (sell off). Not anticipating a large drop off.. unless price mitigstes the open Buy prior to mitigating the Open sell to Buy (POI 3)
POI 2: IC Buy to sell, clearing liquidity above prior to dropping with a slight imbalance prior to chopping down. There is liquidity forming above, which I do believe will be cleared prior to dropping of further (if price does drop off further). Though it is a small time frame play (Higher Probability to fail), the RR is worth the risk with a reduced risk entry. Probable 10+ RR if price mitigates the IC Open Order Sell to Buy Below.
POI 3: IC Sell to Buy, clearing liquidity prior to extending up with a BOS forming a HH and leaving an imbalance. This is the classic mitigation set up. Anticipating price to mitigate to open order and fill the imbalance prior to price moving to HH on larger TF. High Probability to win, especially if POI 4, the IC Buy to Sell at the top is not mitigted prior to dropping to POI 3
POI 4: IC buy to Sell (News Event) Clearing liquidity prior to the large drop off. Aniticipating price to mitigate to IC open Buy position with at least a 3RR reaction (sell off). Not anticipating a large drop off.. unless price mitigstes the open Buy prior to mitigating the Open sell to Buy (POI 3)