- Determine directional bias from HTF
- Find high/low trading range from previous day
- Drawn in fib level to see premium/discount zone for entry
- Spot CHoCH in different direction of HTF (Potential to grab liquidity)
- Wait and see Price action with HTF bias (In this case is bearish)
- Price entered premium zone for open short position
- Wait for lower time frame BOS before entry
- Target imbalance zone/ Previous key level low/ Fair value gap (RR 2.65, not bad, since we get entry outside premium zone but more confirmation)
- Find high/low trading range from previous day
- Drawn in fib level to see premium/discount zone for entry
- Spot CHoCH in different direction of HTF (Potential to grab liquidity)
- Wait and see Price action with HTF bias (In this case is bearish)
- Price entered premium zone for open short position
- Wait for lower time frame BOS before entry
- Target imbalance zone/ Previous key level low/ Fair value gap (RR 2.65, not bad, since we get entry outside premium zone but more confirmation)