✅ Trading Setup Summary
1. Setup Type:
🔹 SFP (Swing Failure Pattern) or Trap at Key Level
🔹 Possibly forming a double bottom or liquidity grab at a known support zone.
2. Market Context:
🔸 Price returns to a previous key level with a volume spike
🔸 Likely in a bullish market structure (MS) or forming a reversal after a down move
🔸 Entry based on trap logic and session volume confirmation
3. Entry Logic:
✔ Wait for a stop hunt/SFP at liquidity zone
✔ Confirm with volume spike
✔ Enter after the rejection/confirmation candle
4. Stop Loss:
📍 Set just beyond the trap wick (below for long, above for short)
🎯 SL is defined and logic-based, not random
5. Target (TP):
🎯 Use 3–4R reward for intraday/session-based trades
🎯 Consider holding for more if Daily timeframe supports a longer move
6. Timeframe:
🕐 Entry on M15/M5, context from H1/D1
📌 Key Strategy Concepts Used
Trap (SFP)
Volume confirmation
Market Structure (MS)
Key Level (Support/Resistance)
Defined SL with good RR
Session-based entry (likely Asian session scalp)
1. Setup Type:
🔹 SFP (Swing Failure Pattern) or Trap at Key Level
🔹 Possibly forming a double bottom or liquidity grab at a known support zone.
2. Market Context:
🔸 Price returns to a previous key level with a volume spike
🔸 Likely in a bullish market structure (MS) or forming a reversal after a down move
🔸 Entry based on trap logic and session volume confirmation
3. Entry Logic:
✔ Wait for a stop hunt/SFP at liquidity zone
✔ Confirm with volume spike
✔ Enter after the rejection/confirmation candle
4. Stop Loss:
📍 Set just beyond the trap wick (below for long, above for short)
🎯 SL is defined and logic-based, not random
5. Target (TP):
🎯 Use 3–4R reward for intraday/session-based trades
🎯 Consider holding for more if Daily timeframe supports a longer move
6. Timeframe:
🕐 Entry on M15/M5, context from H1/D1
📌 Key Strategy Concepts Used
Trap (SFP)
Volume confirmation
Market Structure (MS)
Key Level (Support/Resistance)
Defined SL with good RR
Session-based entry (likely Asian session scalp)
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.
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.