On Monday (manipulation day) price swept the previous week high (PWH) with a great sign of weakness: a market structure break (MSB).
Also, a good confluence for me is a MACD divergence on the 4H timeframe (when price made a higher high, but indicator show us also sign of weakness by not making a higher high in histogram).
As a target, I prefer the opposite liquidity pool to the previous week's low (PWL).
I'm excited to see your opinion in the comments, and I'd like it if you could boost this idea if it was helpful for you!
Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.