My main trading principle is that the price always moves from swept liquidity levels to untouched liquidity levels.
In particular case we clearly can see the following context: price swept 1M key liquidity level and left untouched level lower + forming LTF range.
But to take more statistically probable trades we should wait for some type of lower timeframe confirmation, and in this case we should wait for MSB or reaching 0,5 range mean
Your success is determined solely by your ability to consistently follow the same principles.
In particular case we clearly can see the following context: price swept 1M key liquidity level and left untouched level lower + forming LTF range.
But to take more statistically probable trades we should wait for some type of lower timeframe confirmation, and in this case we should wait for MSB or reaching 0,5 range mean
Your success is determined solely by your ability to consistently follow the same principles.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.