This trading day usdj made a nice and cleaver move.. as the structure was very bearish as I waited for a signs. When a approach my chart again later I noticed this box movement. Well as the ranges are the most important thing a trades should care for it.
Now this is enough to be bullish at least short term there’s a liquidity candle above and that’s its target. As we can see it did a breakout and a retest. I’d advice long entries only in this zone until this range is breached no matter how good it looks. You short anywhere near it it will soak it up and spit it up! Cus that’s just what ranges do. They are the price movers! Price goes from range to range.
HOW TO TRADE LIKE THEM-
TIP ranges are also good stop loss zones if that ranges support the direction
Now this is enough to be bullish at least short term there’s a liquidity candle above and that’s its target. As we can see it did a breakout and a retest. I’d advice long entries only in this zone until this range is breached no matter how good it looks. You short anywhere near it it will soak it up and spit it up! Cus that’s just what ranges do. They are the price movers! Price goes from range to range.
HOW TO TRADE LIKE THEM-
TIP ranges are also good stop loss zones if that ranges support the direction
