Just took a short sell of AUDJPY using SMC which resulted in a 10 % gain on a propfirm challenge account after having lost 5% yesterday.so I basically made 5% gains.
This is a continuation trend to the upside .Market Manipulation has occured to trick sellers into thinking market is going to sell.The best way to understand this to switch from htf to ltf when market reach certain Poi or OB ,candle-stick patterns also play vital role in my SMC analysis. lol Old tricks, new day. See you at mount everest people.
Smc all the way to the bank.T9ok this down swing on the 5m tf and focused soley on taking out the Asian session liquidity and waiting to long it an the unmitigated OB.
I saw a trending market with an inmitigated demand zone and bought from it after confirmation in the form of an BOS and then made a re-entry soon as the market broke another structure and mitigated the new re-entry zone.SMC all the way.
High probability trade with multiple confluences which include mitigation institutional(engulfing candles) candles, change of character and break of structure on the lower 15m tf.
Entry Price ;1.07697
STOPLOSS: 1.07600
We have multiple confluences from the 4 tf right down to the 3min confirmation entry looking to long market at ENTRY PRICE:1962.476 and STOPLOSS:1957.909
I see bullish retest and looking to long the market and sweep the equal highs then I might be shorting at the TOP supply again as the initial bias of the market is downtrend.
Recenct equal highs taken out before market rejected on supply zone and mitigated POSIITION SELL ZONE,now we going down to fill the imbalance before market flips back up.
