GBPUSD - Potential Long Setup

Dec 11

My main trading principle is that the price always moves from swept liquidity levels to untouched liquidity levels.

In particular case we clearly can see the following context: price swept 1D key liquidity level and left untouched level higher.

But to take more statistically more probable trades we should wait for some type of lower timeframe confirmation, and it this case we can notice sign of strength, so potentially there is a higher probability to see price higher

Your success is determined solely by your ability to consistently follow the same principles.

Dec 11

Trade active

Got the entry

Dec 12

Note

Solid reaction, like how price trading above 0,5 range

Dec 12

Trade closed: stop reached

-1R

Dec 12

Note

I shouldn't trade this setup, because my system tells me to not trade against swept liquidity, but I didn't notice bigger picture, that we took out already buyers and price probable movement lower or sideways:

Dec 12

Note

Lessons learned, one step closer!