What is your reaction when you see such a set up.
Many times the day would retract and close below the level while when it closes right above the level, it signifies an assured entry.
The trick is at times it would retract lower to look for the nearest order block and shoot up again. And this is where traders get tricked into losing their positions especially those that entered way above.
Many times the day would retract and close below the level while when it closes right above the level, it signifies an assured entry.
The trick is at times it would retract lower to look for the nearest order block and shoot up again. And this is where traders get tricked into losing their positions especially those that entered way above.