After a good start on the 15-minute chart around the Point of Interest for buyers on the 4-hour chart, I noticed that we are also in a key area of interest on the 1-day chart. According to the Smart Money concept since January 2021, we have only just finished accumulating liquidity. After such a powerful one-day candle, I decided to leave a portion of my deposit in trading to hold 0.01 lots until the price reaches the last untested zone on the 1-day chart, which settled around 0.10000. Since my broker still has long funding, this could be a great trade.
Criteria for closing the position:
The price reaches my stop loss, which I will occasionally move relative to the zones of interest on the 4-hour chart.
The funding turns against me.
Criteria for closing the position:
The price reaches my stop loss, which I will occasionally move relative to the zones of interest on the 4-hour chart.
The funding turns against me.
Trade closed: stop reached
