📈 MERIT – Buy Plan
Timeframe: Daily Chart | Dealing Range Formation: H4
🔷 Buy Confirmation Conditions:
Price must close above the black candle series
A bullish Fair Value Gap (FVG) must form after that closure
H4 Dealing Range must be valid and confirmed (details below)
✅ Valid Bullish Dealing Range – 5 Points:
Attacking HTF POI:
Price reacts from a Higher Timeframe bullish Fair Value Gap or Swing Low (Fair Value Area in this case).
Bearish FVG:
A short-term bearish Fair Value Gap forms on H4, trapping sellers.
Bullish FVG:
A bullish FVG forms on H4 timeframe, showing buyer interest and imbalance.
Closed Above Black Candle Series:
Price closes above the series of black (bearish) candles, confirming strength.
Breaker Block:
A broken resistance acts as support, confirming the bullish structure.
🎯 Trade Execution:
📍 Entry: After DR confirmation + bullish FVG + candle closure above black series
🛑 Stop Loss: Below DR low
🎯 Target 1: 17.00
🎯 Target 2: 19.32
⚖️ Risk-Reward: At least 2R
🟦 Fair Value Area: 12.00 – 9.00
📝 “Will only buy after full confirmation as per DR structure and bullish FVG.”
Timeframe: Daily Chart | Dealing Range Formation: H4
🔷 Buy Confirmation Conditions:
Price must close above the black candle series
A bullish Fair Value Gap (FVG) must form after that closure
H4 Dealing Range must be valid and confirmed (details below)
✅ Valid Bullish Dealing Range – 5 Points:
Attacking HTF POI:
Price reacts from a Higher Timeframe bullish Fair Value Gap or Swing Low (Fair Value Area in this case).
Bearish FVG:
A short-term bearish Fair Value Gap forms on H4, trapping sellers.
Bullish FVG:
A bullish FVG forms on H4 timeframe, showing buyer interest and imbalance.
Closed Above Black Candle Series:
Price closes above the series of black (bearish) candles, confirming strength.
Breaker Block:
A broken resistance acts as support, confirming the bullish structure.
🎯 Trade Execution:
📍 Entry: After DR confirmation + bullish FVG + candle closure above black series
🛑 Stop Loss: Below DR low
🎯 Target 1: 17.00
🎯 Target 2: 19.32
⚖️ Risk-Reward: At least 2R
🟦 Fair Value Area: 12.00 – 9.00
📝 “Will only buy after full confirmation as per DR structure and bullish FVG.”
I am an SMC & ICT Master, specializing in Market Structure, Liquidity, and Order Flow. With a razor-sharp focus on precision trading, I navigate the markets with strategy and discipline—turning probabilities into profitability!
Related publications
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.
I am an SMC & ICT Master, specializing in Market Structure, Liquidity, and Order Flow. With a razor-sharp focus on precision trading, I navigate the markets with strategy and discipline—turning probabilities into profitability!
Related publications
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.