*In 4hr time frame there was a liquidity sweep *Body close below previous move thats call high poi zone IFC candel *IFC candel forms by sweeping previous high or low *Due to one positive and neutral cpi report of Doller market not giving confirmation of selling or buying *So as depends only on SMC concept try to catch big moves with small sl *So take a risk of selling on uptrend looks fool but setup giving a selling trade. *My Ep - 1.07853 Sl - 1.08123 Target- 1.05440
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Unluckyly Miss the oppertunity due to risk reward ratio. Just touch poi zone and start falling Thats why rules says IFC candel is high probability poi zone when its sweeps high or low.
👏 Great analysis of the market movement and the use of technical indicators to identify the high probability trading zones. It's interesting to see how the market behaves based on various economic reports and indicators. I appreciate your risk management approach in taking a small stop loss and targeting a big move. It's unfortunate that you missed the opportunity this time due to the risk-reward ratio, but it's important to stick to your rules and wait for the right setup. Good luck with your future trades! 💪
ConsistencyFastlane
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@Kapil-Mittal Thank you sir for your valuable comment.Thats motivate me a lot sir.I am a beginner trader and learn from you and all experienced trader sir.