Currently market is creating higher highs and higher lows. We have identified a "Trend Trap" that needs to be taken out. And market needs to fill the imbalance before expanding upwards.
We got the following confluences to enter on this trade!
1. Higher Time Frame Bullish Bias
2. Lower Time Frame Bullish Bias
3. Bullish Market Structure
Our entry point is also well calculated, as there is a very high chance that price will come down to grab the liquidity below the marked trendline area, and when it does market is also going to fill the imbalance area that we have indicated in the charts. Our entry is just above the imbalance area.
Hope you guys liked our idea!
We got the following confluences to enter on this trade!
1. Higher Time Frame Bullish Bias
2. Lower Time Frame Bullish Bias
3. Bullish Market Structure
Our entry point is also well calculated, as there is a very high chance that price will come down to grab the liquidity below the marked trendline area, and when it does market is also going to fill the imbalance area that we have indicated in the charts. Our entry is just above the imbalance area.
Hope you guys liked our idea!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.