In the 1H timeframe we find a fairly strong manipulation that keeps open buy positions of big players in loss. If the market returns to this point immediately we can look for our entry above the internal range liquidity. In the red zone is the optimized entry that will give a satisfactory risk / reward ratio.
We have to be careful because the structure has already broken further back, so the current upward movement can be considered reversal, so that this trade can theoretically be found contrary to the trend that is going to be created.
Our stop loss must go just above the high of the institutional candlestick and the take profit just before the previous lows of the structure.
We have to be careful because the structure has already broken further back, so the current upward movement can be considered reversal, so that this trade can theoretically be found contrary to the trend that is going to be created.
Our stop loss must go just above the high of the institutional candlestick and the take profit just before the previous lows of the structure.
