H4 chart shows an uptrend with higher highs and higher lows. Identify a swing high where resting liquidity (buy-side) is likely above. Look for SMT Divergence (Lower Timeframes):
On M15, EUR/USD makes a higher high while GBP/USD fails to, signaling potential manipulation. Spot an Inverse Fair Value Gap (IFVG):
Price has impulsively moved up, leaving a fair value gap below. Wait for a Retracement (Entry):
Price retraces into the IFVG near a Fibonacci 61.8% retracement level. Enter long here with a SL below the gap. Set Risk-to-Reward:
SL = 10 pips below the entry. TP = 20 pips above (1:2 R:R), targeting a resting liquidity zone above a recent swing high. Monitor and Exit:
Price moves into the liquidity zone, hits TP, and completes the trade.