the direction is up on M5 but the structure is down so I feel that this M5 is looking for liquidity first before going up so that is my reason to sell wait and see
the reason I sell on the higher time frame is that it's going down and on the M5 structure, it has taken liquidity and entered the supply zone. I sell with a stop loss above this supply zone. It must reject; if it gets rejected, it will definitely follow the direction of the higher time frame, but if it breaks, it will automatically correct upwards. Now on M5, wait and see $PEPE
ok, still according to the planning that the market took liquidity below the demand zone, it must be broken so that it follows the HTF direction, wait and see $PEPE
ok still according to the planning earlier market takes liquidity below the demand zone must be broken so it follows the direction of the higher time frame wait and see $PEPE
htf direction down on m5 I see there is liquidity below I mark the demand zone, this zone must be broken down so that m5 follows htf but if rejected it could be goodbye to my account $PEPE
Before this, I wrote my trading SOP, it turns out there was something wrong, I guess I have to post it here as my digital footprint, damn
It turns out that while I monitor the market, the most important thing is liquidity (entry setup), internal structure of higher time frames (direction) and multi-time frame (the correct higher time frame and lower time frame) 80% I post here 20% in my book
80%
Higher time frame, last internal structure Lower time frame liquidity (indusmant) last Multi-time frame, monthly lower time frame daily Weekly lower time frame H4 daily lower time frame M15 H4 lower time frame M5 H1 lower time frame M1
20% left for confirmation
Example
Higher time frame last internal structure is up In lower time frame I look for the last liquidity after that I mark the zone and then I wait for confirmation then entry, okay nice" I screenshot it so I don't forget
The pair I trade on Binance is only $PEPE If in forex $BTC , XAUUSDT, GBPUSD, XRPUSDT Okay, this is cool, I screenshot it first so I don't forget
Oh yes, the most important disclaimer is the last liquidity in lower time frame, and multi-time frame. For example, you" who often get hit by stop loss, try to doubt your multi-time frame and setup, if I have found the answer before, my multi-time frame Monthly lower time frame H4 Weekly lower time frame H1 H4 lower time frame M15 H1 lower time frame M5 I used to analyze the chart, the time frame I used was like this, it turns out that the time frame is not synchronized between direction and confirmation, it's like I analyze myself and him, damn" just joking, I mean I analyze too far and too close so it's not synchronized, do you understand?? It seems that only structure followers understand, the point is like that, right fighters?"