DEVYANI long
Price has entered a monthly level and swept sellside liquidity before pushing upwards.
The bearish FVG has been inversed and a long can be taken from that level.
What would improve the probability of the setup is if a bullish FVG was formed after sweeping the low.
I am anticipating a missed entry if price is bullish and expands upside for the following days. This, I have already entered but with a small position.
The target is the next high.
Compared to my other trade ideas, I have more confidence in this. Although, in trading, anything could happen.
The bearish FVG has been inversed and a long can be taken from that level.
What would improve the probability of the setup is if a bullish FVG was formed after sweeping the low.
I am anticipating a missed entry if price is bullish and expands upside for the following days. This, I have already entered but with a small position.
The target is the next high.
Compared to my other trade ideas, I have more confidence in this. Although, in trading, anything could happen.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.