Power of 3 setup/range manipulation setup:
1. Price forms a range typically after an impulse move up or down.
2. After range is established you'll see a period of accumulation.
3. Next the lows are swept (manipulated)
4. Expansion- a lot of times most people will be sidelined whether they got stopped out during the sweep or are just waiting for a bigger dip. So the market usually leaves them behind! If there is a higher timeframe order block below the range, price usually sweeps into it. That is usually a goos bet and presents a good r/r.
hope this helps!!!
1. Price forms a range typically after an impulse move up or down.
2. After range is established you'll see a period of accumulation.
3. Next the lows are swept (manipulated)
4. Expansion- a lot of times most people will be sidelined whether they got stopped out during the sweep or are just waiting for a bigger dip. So the market usually leaves them behind! If there is a higher timeframe order block below the range, price usually sweeps into it. That is usually a goos bet and presents a good r/r.
hope this helps!!!
Nota
good*
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Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.