It seems that we have a QM drop on the chart. The red range is the range where the price can move down.
We have an order block in the red area and there is also resistance in this QM LEVEL area. We've also had a bearish CH before.
The green range is a good DEMAND that has a lot of attraction for the price.
I specified the liquidity pools on the chart. The price first tries to collect the upper pools and then the lower pools.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
We have an order block in the red area and there is also resistance in this QM LEVEL area. We've also had a bearish CH before.
The green range is a good DEMAND that has a lot of attraction for the price.
I specified the liquidity pools on the chart. The price first tries to collect the upper pools and then the lower pools.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Comment:
18% dropped so far
Trade closed: target reached:
This move was made even though the market maker created fake outs
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