4 hour TF (above) and 15 min TF (below)
In the picture above, price expanded to upside in previous week with high inefficiency after making lower low suggesting a smart money that created this phenomenon. It made a candle that wick to the upside, that if you see it in 1 WEEK timeframe, causing a new gap formed that is delineated with a red box in above picture.
In the picture below, you can see the price leaving a huge gap after it traded upside. that now consolidated in internal liquidity zone /IPDA before next run to external liquidity zone.
The daily is still bearish so after the data collected in the smaller time frame have been analyzed, it made a possibility that price would then run to the upside giving a bull flag pattern that will trap retails to buy or providing buy liquidity for the smart money that trade against them.
this possibility came with a solid 3:1 Risk and Reward
In the picture above, price expanded to upside in previous week with high inefficiency after making lower low suggesting a smart money that created this phenomenon. It made a candle that wick to the upside, that if you see it in 1 WEEK timeframe, causing a new gap formed that is delineated with a red box in above picture.
In the picture below, you can see the price leaving a huge gap after it traded upside. that now consolidated in internal liquidity zone /IPDA before next run to external liquidity zone.
The daily is still bearish so after the data collected in the smaller time frame have been analyzed, it made a possibility that price would then run to the upside giving a bull flag pattern that will trap retails to buy or providing buy liquidity for the smart money that trade against them.
this possibility came with a solid 3:1 Risk and Reward
Trade closed: stop reached:
closed thanks