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“🚨 Impulse Break & Order Block Mitigation Explained! 📉💡 #TradingStrategy #OrderBlock
1 year ago
6
1. Impulse Break to the Downside: The trading price made a significant downward move, creating an impulse break, which signals a strong bearish market sentiment.
2. Order Block Formation and Mitigation: After the impulse break, an order block was left behind, which the price later retraced to mitigate. This mitigation provided an ideal entry point for a trade.
3. Targeting Sellside Liquidity: The trade was executed with the aim of capturing the recent liquidity on the sell side, where traders’ stop losses or resting orders were likely accumulated, leading to a potential price movement in favor of the short trade.
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