Many people may ask what were our confluences to enter this trade?
1 • The price was reaching a HTF POI.
2 • The swing high raided and swept all the BSL in lower TFs.
3 • The price broke the structure and formed a huge imbalance which is labeled as MSS (Market Structure Shift), indicated a bearish trend!
4 • The price came back near our POI and made an accumulation range.
5 • The price caught the accumulation BSL and reached our printed POI.
Boom! the price rapidly took our TP and with almost zero drawdown! ✅⚡
1 • The price was reaching a HTF POI.
2 • The swing high raided and swept all the BSL in lower TFs.
3 • The price broke the structure and formed a huge imbalance which is labeled as MSS (Market Structure Shift), indicated a bearish trend!
4 • The price came back near our POI and made an accumulation range.
5 • The price caught the accumulation BSL and reached our printed POI.
Boom! the price rapidly took our TP and with almost zero drawdown! ✅⚡