liquidity sweep/Buy Stop And Sell Stop Order
Liquidity sweeps
The price swept the liquidity from the bottom before continuation
Note i placed two order, the sell stop and buy stop, first price was placed on sell stop order but with a good risk reward ratio we left the market and confirmation to the buy stop trendline which we entered in an instant execution taking out liquidity from the top and making profit.
This is called monitoring both trendline of both buy stop and sell stop, if you notice price took out liquidity from the bottom before an institutional bullish candle broke the buy stop trendline confirming a buy order
The price swept the liquidity from the bottom before continuation
Note i placed two order, the sell stop and buy stop, first price was placed on sell stop order but with a good risk reward ratio we left the market and confirmation to the buy stop trendline which we entered in an instant execution taking out liquidity from the top and making profit.
This is called monitoring both trendline of both buy stop and sell stop, if you notice price took out liquidity from the bottom before an institutional bullish candle broke the buy stop trendline confirming a buy order