HI TRADERS!!.
Well this is a typical Quasimodo structure for a LONG position. There's been a S&R FLIPPI after the first time break (FTB), followed by a huge Fake out (FO) where the price failed to reach the QML level. The ENTRY for this trade example is at the Maximum pain level (MPL) as you can see on the labelled chart posted. There's also another 2ND ENTRY on the significant support. This was a high probability trade.
INPUT WILL BE APPRECIATED IF ANY!!!
Well this is a typical Quasimodo structure for a LONG position. There's been a S&R FLIPPI after the first time break (FTB), followed by a huge Fake out (FO) where the price failed to reach the QML level. The ENTRY for this trade example is at the Maximum pain level (MPL) as you can see on the labelled chart posted. There's also another 2ND ENTRY on the significant support. This was a high probability trade.
INPUT WILL BE APPRECIATED IF ANY!!!