niftybaps01

niftybaps01

after a sweep on the equal high and equal low, price broke to the upside to take out buy-side-liquid. hitting a bearish order block price looking to take out the weak swing low.

niftybaps01

Market bias is Bullish, waited for 1hr pull back to take out liquidity and hitting POI, scale through 15 min and entry was taking at the market structure shift on 5mins to aim at liquidity resting at the swing high/ previous day high

niftybaps01

The market had been bearish last days of the trading week, a bullish week through the mid-week, waiting for the price to take out liquidity on the discount range, targeting the FVG and Order block to be hit after sweeping liquidity to fuel the market to the upside aiming for the previous high as there is a climax reversal liquidity above that zone

niftybaps01

Taking a Short Trade on BTC based on Market Structure and Liquidity before the massive move, Risk to Reward ratio at 1:4.2 entry was on the extreme other block after the pull-back. using smart money strategy and my entry/confirmation model.

niftybaps01 Updated 

Using SMC concept and trend direction taking a sell based on the previous protected high order block. looking for a 1:4 RR trade

niftybaps01

Due to technical analysis, using trend line on the 24hr time frame with confirmation from the 4 and 1 hr time frame, my though is Gold will pull back for a very short time before continuing it bullish Run forming another swing high. Buy Gold.