The probability of a long trade is determined based on the SMC, with analysis conducted across multiple time frames. This involved moving between timeframes to identify areas of liquidity and order blocks, a method known as top-down analysis, which entails moving from higher time frames to lower time frames.
Kommentar:
The price is expected to break the IDM level and be activated near the order block area. The concept is that there is a probability of price revision from the order block, ultimately reaching the target indicated on the chart.
Kommentar:
Tp1 was reached at a level of 98.740. After observing a negative market reaction, we exited the trade before the downward trend.