Mark the Previous Day’s High and Low (PDH & PDL): Begin by identifying and marking the high and low of the previous trading day.
Monitor Liquidity Hunt at PDL: Observe the market for a potential liquidity hunt near the Previous Day’s Low (PDL). If the price action shows a liquidity hunt at the Previous Day’s High (PDH), prepare to enter a short position.
Confirm Market Reversal Using "CH": Look for signs of a market reversal. Use the "CH" (Change of Character) to validate the reversal before proceeding with the trade.
Enter at PDL and Set Targets and Stop-Loss:
Entry: Enter a long position at the PDL, once the reversal is confirmed.
Target: Set your target at the Previous Day’s High (PDH).
Stop-Loss: Place the stop-loss below the most recent liquidity hunting zone.
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