S&P500 Looks like a good opportunity to grab some liquidity

12. Okt. 2023

Hello trader! I'm interpreting this setup as follows: locally, the trend is upward. After a correction driven by recent news, the price has absorbed a significant portion of the liquidity from below, which was formed during the current week. There's room to move upward in pursuit of the next liquidity. I'm placing the stop loss below the order block.

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13. Okt. 2023

Trade geschlossen: Stop wurde erreicht

There was a good movement after retest of Order block, but it didn't reach the first liquidity. The trade was stopped out by the stop loss. On Monday, I'll be looking for new setups. Over the weekend, I might take a look at something in the crypto market to share.