
infirst.eth
3.5K posts











$BTC htf longs Good first TP at the high here + further comments Just a quick comment, you can see here how TP'ing at liquidity generally and very often makes your TP look very good as liquidity usually rejects if done correctly. Even if the trade plays out, psychologically, it always makes sense to TP at liquidity. Gives you that feeling of being glad that not only your system works to perfection, but also for having done something and used that liquidity of a handful of people longing into that high to your own benefit. Likewise, it would allow you to compound in whatever you took out as well for instance for a ltf trade. That turns Monday into a quite ideal way it played out. It ran up, allowed us to TP pre NYO, and didn't close extremely green which can lead to a downward magnet pull of weekly open + Monday H/L being taken in H-L order, compromising the trade later in the week if momentum builds on Tuesday. This is how green Mondays often lead to red weeks. Luckily, our liquidity zone formed and we had a nice TP, likely giving us a rejection during Monday and so we did. Now we have weekly open above, which very likely slows price down into Monday close and sets a high quality higher low of price at the end of this rejection leg. Monday in its most ideal sense. Trade growing 4 days old soon above entry. Enjoy.

























