HOW TO TAKE TRADE AFTER PRICE BREAKS MAJOR LEVEL
Advanced PRICE ACTION Trading
Key Trade Concepts:
Buyer Trap Identification:
Before entering, always check for a buyer trap or liquidity hunt, where impulsive buyers are lured into the market at a vulnerable level. In this setup, I’ve highlighted how a buyer trap has been triggered, providing a strong signal for potential reversals.
Order Block Strategy for Long Entries:
Wait for Price to Enter the Order Block: Before any long position, let price retrace to the designated order block.
Confirm with High Break and Rejection Candle: Once in the order block, wait for recent highs to break, followed by a rejection candle to confirm the entry. A candle close above this level on the 15-minute time frame is essential, adding strength to the confirmation.
Time Frames: Utilize the 5-minute chart for initial moves but rely on a 15-minute candle close for entry confirmation.
Take-Profit (TP):
Target buy-side liquidity and other strategic levels beyond that, maximizing the potential of each setup.
For more professional insights like this, don’t forget to like, follow, and comment. This is the kind of premium content many charge for, but I’m sharing it for free to help others succeed!
Key Trade Concepts:
Buyer Trap Identification:
Before entering, always check for a buyer trap or liquidity hunt, where impulsive buyers are lured into the market at a vulnerable level. In this setup, I’ve highlighted how a buyer trap has been triggered, providing a strong signal for potential reversals.
Order Block Strategy for Long Entries:
Wait for Price to Enter the Order Block: Before any long position, let price retrace to the designated order block.
Confirm with High Break and Rejection Candle: Once in the order block, wait for recent highs to break, followed by a rejection candle to confirm the entry. A candle close above this level on the 15-minute time frame is essential, adding strength to the confirmation.
Time Frames: Utilize the 5-minute chart for initial moves but rely on a 15-minute candle close for entry confirmation.
Take-Profit (TP):
Target buy-side liquidity and other strategic levels beyond that, maximizing the potential of each setup.
For more professional insights like this, don’t forget to like, follow, and comment. This is the kind of premium content many charge for, but I’m sharing it for free to help others succeed!
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