Multiple breaks of structure to the upside.
I trade price action / SMC,
I can see 2 slear breaks of structure on the higher timeframe which carrys more weight than the lower timeframes, clear candle closures above the previous highs, a wick for me is not valid in my trading plan.
Once i see the candle close on the second break of stucture i track back on the move that broke the previous high and look for inefficiency in the run and then mark up the Order block where i then place my pending order.
Simple trading is how i operate and this is 1 example of many trades that i place that play out very well.
all im looking to do now is wait to be 2% in profit move SL to 1% and let this run risk free.
I trade price action / SMC,
I can see 2 slear breaks of structure on the higher timeframe which carrys more weight than the lower timeframes, clear candle closures above the previous highs, a wick for me is not valid in my trading plan.
Once i see the candle close on the second break of stucture i track back on the move that broke the previous high and look for inefficiency in the run and then mark up the Order block where i then place my pending order.
Simple trading is how i operate and this is 1 example of many trades that i place that play out very well.
all im looking to do now is wait to be 2% in profit move SL to 1% and let this run risk free.