LTC/USDT FVG reversal with a test prior low

8월 30일

The plan here is simple: look for price to retrace into the nearest FVG and show rejection with rejection below 50 Fibonacci, then target back down toward yesterday’s low or nearest bullish FVG as the liquidity objective. If FVG touch fails to happen abandon the idea and move on as the profit may be too shallow. This is my bread and butter trading setup. Nearly always the price will retest prior low or high before correcting. Price can seek to claim all prior day imbalances too. Keep an eye on highest or lowest Fair Value Gap(depending on direction) All the best.

8월 30일

주문취소됨

Low has been claimed without pullback. No trade taken.