To those known to the ABC liquidity sweep formula:
This is the 15 min timeframe to identify the CHoCH at the order-block structure that broke and swept the liquidity in C. Main horizontal line in (A) is where the liquidity was at .The pattern is 4H relevant but for entry and exit purposes we use 15 min.
- 4H chart show the liquidity sweep candle is the lowest at the pattern
- 15 min slightly broke the order-block which swept the liquidity first. Since this was the OB that broke the liquidity barrier we want the chart to retrace over that order-block to confirm the market structure shift (MSS).
- As we can see there is multiple FVG towards the lowest order-block (entry). that is why we enter at the extreme or at that point + it make our RR ratio significant better
Other confluences is that the main trend is still upwards (4H)
This is the 15 min timeframe to identify the CHoCH at the order-block structure that broke and swept the liquidity in C. Main horizontal line in (A) is where the liquidity was at .The pattern is 4H relevant but for entry and exit purposes we use 15 min.
- 4H chart show the liquidity sweep candle is the lowest at the pattern
- 15 min slightly broke the order-block which swept the liquidity first. Since this was the OB that broke the liquidity barrier we want the chart to retrace over that order-block to confirm the market structure shift (MSS).
- As we can see there is multiple FVG towards the lowest order-block (entry). that is why we enter at the extreme or at that point + it make our RR ratio significant better
Other confluences is that the main trend is still upwards (4H)
Trade closed: target reached:
SMASHED