So buy stops has been taken (Some of you prefer to call it stop raid or manipulation).
Now I want to see price go lower to break the most recent low with a sell side imbalance..
Once that's done, I will wait for price to return to the imbalance with the hope of balancing it..
My entry will be on the high of the lower imbalance candle.
Stop loss will be on the high of the higher imbalance candle.
Target will be on the previous swing low or more.
(You know this as break and retest)
It's definitely going lower, zoom in and see the bearish divergence.
Good luck on your hunts guys... Stay SAFU
Now I want to see price go lower to break the most recent low with a sell side imbalance..
Once that's done, I will wait for price to return to the imbalance with the hope of balancing it..
My entry will be on the high of the lower imbalance candle.
Stop loss will be on the high of the higher imbalance candle.
Target will be on the previous swing low or more.
(You know this as break and retest)
It's definitely going lower, zoom in and see the bearish divergence.
Good luck on your hunts guys... Stay SAFU