This is a new thing I am trying out so I would not recommend diving in and copying this trade.
But I am looking into the smarter money of this market and how it reacts to the lower time frame levels, I have used the term (stop chaser) at the manipulated candle breaking through the trendline. That is because there looks to be some liquidity sitting at that area that is needed to create the next big move in the market.
This was done on the 5 min but tradingview won't allow me to publish that low of a time frame.
Thanks, and trade safe. Will keep updated on this method and share my results here.
But I am looking into the smarter money of this market and how it reacts to the lower time frame levels, I have used the term (stop chaser) at the manipulated candle breaking through the trendline. That is because there looks to be some liquidity sitting at that area that is needed to create the next big move in the market.
This was done on the 5 min but tradingview won't allow me to publish that low of a time frame.
Thanks, and trade safe. Will keep updated on this method and share my results here.