OxERIC

OxERIC

I'm looking for something like this, following the idea i posted last weekend

OxERIC

I will be looking for something like this next week

OxERIC

💡 This would be the perfect example of a continuation trade using SMC with confirmation entry 💡 🔹 4H downtrend 🔹 4H supply zone mitigation 🔹 15M CHoCH 🔹 15M supply zone mitigation with aggressive reaction 🔹 LTF CHoCH 🔹 Set a limit order on the LTF supply zone with SL on the last 15M high and targeting the next 4H/15M demand zone

OxERIC

🔹 Liquidity is like fuel to move the market in a specific price zone. 🔹 We can find liquidity in zones where a lot of people set their stop losses and buy/sell stops. 🔹 The market makers will manipulate the price to break these obvious zones and take the liquidity. 🔹 These are the most common liquidity patterns.