I look forward to risk 1% of my account on this great setup, I will be risking 5% on my Prop firm account. This is SMC.
Confluences:
1. Liquidity grab
2. Analysis time frame structure(Daily) is Bullish
3. Intraday time frame is also bullish
4. Price @ Discount level
5. Unmitigated POI on M3
As things go bad prices go up,we cant time the markets but we can take hints from the volatilty it has shown in the past,Currently price is showing a snowflake of distr. so it is very much possible that we can see price start to contract in irder to mitigate previous positions. LIKE AND COMMENT IF YOU WERE INTRIGUED BY THIS ANALYSIS!
Whatsup Traders
I'm breaking down how EURUSD price action performed today.
There were some really nice moves on the 1 minute chart - regardless of which way you decided to trade.
I am still testing some new things and working on reducing the time I spend at the screen trading. I will be talking about some time management in this video as well.
If you have any...
Eurusd on the 4Hr and 1Hr is on a downtrend and we can see liquidity resting on the orderblock we want to sell and take profit on the liquidity below also.
Gooday Family
We had and impulse down on US30 and now it is giving us a neat correction. We can capitalize on it by taking a sell trade after the break of the correction.
Our 1st take profit can be on the 90% Rule level, or you can trail stop your trade/trades.
Thank you.
