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Sonarlab
Jun 21, 2022 1:35 PM

Example TLL/ discount entry - Smart Money Concepts Education

GoldOANDA

Description

*This Content is for Education Purpose only*

In this example, we will show an example on how to combine discount pricing, TLL and demand zones to find high probability entries. First, we will locate the range we are currently trading in. Our target will be the next high that we expect to be taken out. In this case will it be the Swing High. The protected low we expect to hold, since the name already says it - it is protected by the Market Makers. When we see Trend Line Liquidity (TLL) forming before our POI, we can ensure that the Market Maker is building up Liquidity to fuel up their position. This will increase the probability of your POI/ demand zone.

Confluences:
Trend: Bullish (pro trend)
Liquidity forming before POI (TLL)
Premium/ discount pricing: Discount
Comments
Junmadayag
lets go! Sonar SMC rocks!
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