📊 Smart Money Concept Trade Setup (NZD/CAD – 30-Min Chart)
🧠 Market Structure Overview:
Price initially formed a Lower Low (left side of the chart).
Then, price made a clear Break of Structure (BOS) to the upside, creating a Higher High.
An IDM indicates price manipulation and confirms liquidity resting above the recent high (target).
🔍 Entry Plan:
📉 Price is currently dropping towards a marked 30-minute POI (Point of Interest) — a Demand Zone.
⏳ Once price enters this 30M POI zone, switch to the 5-minute or 1-minute timeframe for confirmation.
🔁 Look for a CHoCH (Change of Character) within the POI on the lower timeframe — this shows bullish intent and potential reversal.
📥 Enter a Buy trade right after CHoCH confirmation:
Stop Loss (SL): Just below the POI/Demand zone.
Take Profit (TP): At the Targeted High marked above (where external liquidity sits).
📐 Risk:Reward Details:
This setup offers a minimum 1:5 RR (Risk to Reward).
SL: Below the 30M POI.
TP: Just above the previous high (liquidity grab zone).
✅ Entry Checklist (English)
Entry Condition Status
Price entered 30M POI? ✅
CHoCH confirmed on 5M/1M? ✅
Bullish BOS or structure break visible? ✅
Risk:Reward at least 1:5? ✅
🧠 Market Structure Overview:
Price initially formed a Lower Low (left side of the chart).
Then, price made a clear Break of Structure (BOS) to the upside, creating a Higher High.
An IDM indicates price manipulation and confirms liquidity resting above the recent high (target).
🔍 Entry Plan:
📉 Price is currently dropping towards a marked 30-minute POI (Point of Interest) — a Demand Zone.
⏳ Once price enters this 30M POI zone, switch to the 5-minute or 1-minute timeframe for confirmation.
🔁 Look for a CHoCH (Change of Character) within the POI on the lower timeframe — this shows bullish intent and potential reversal.
📥 Enter a Buy trade right after CHoCH confirmation:
Stop Loss (SL): Just below the POI/Demand zone.
Take Profit (TP): At the Targeted High marked above (where external liquidity sits).
📐 Risk:Reward Details:
This setup offers a minimum 1:5 RR (Risk to Reward).
SL: Below the 30M POI.
TP: Just above the previous high (liquidity grab zone).
✅ Entry Checklist (English)
Entry Condition Status
Price entered 30M POI? ✅
CHoCH confirmed on 5M/1M? ✅
Bullish BOS or structure break visible? ✅
Risk:Reward at least 1:5? ✅
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.