How Smart Money took out our liquidity
- Trapped with 2 Change of Character (CHoCH) in order to signal a reversal in trend.
- Took out liquidity along the way to original Order Block
- Damn! they got our Long & Short stop loss.
What to do:
- Keep watching Price Action until we see Break of Structure (BOS) in smaller time frame.
- Plot an entry based on newly constructed Order Block.
- Price came right at discount zone of fib level perfectly.
- GO with the real move at WAGMI entry point!
- Took out liquidity along the way to original Order Block
- Damn! they got our Long & Short stop loss.
What to do:
- Keep watching Price Action until we see Break of Structure (BOS) in smaller time frame.
- Plot an entry based on newly constructed Order Block.
- Price came right at discount zone of fib level perfectly.
- GO with the real move at WAGMI entry point!
- Price ACCUMULATION during Asian range
- Displacement lower in London session aka MANIPULATION
- Retrace to grab liquidity and DISTRIBUTION higher