HOW TO TAKE TRADE AFTER PRICE BREAKS MAJOR LEVEL

11월 8일

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.
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