Wait for a sweep of the range low (RL) into the Daily FVG (gray box).
Look for a reclaim of RL as the trigger for a long.
Reasoning:
Sweep into FVG traps late sellers and sets up liquidity for a reversal.
Reclaiming RL after the sweep signals strength and confirms a local bottom.
No need to chase entries—best R:R is after liquidity is cleared and level is retaken.
Look for a reclaim of RL as the trigger for a long.
Reasoning:
Sweep into FVG traps late sellers and sets up liquidity for a reversal.
Reclaiming RL after the sweep signals strength and confirms a local bottom.
No need to chase entries—best R:R is after liquidity is cleared and level is retaken.
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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.
Related publications
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.