The result of expecting a move from the WIF short position
2024-10-09

As I specified in the picture, when the price reached the area where I expected to fall in the analysis, the formation of IDM (inducement) or IRL (internal range liquidity) did not happen, so this was a smart money trap for me and I waited for the price to hunt the previous ceiling and after that because I knew that the stop loss of many traders who entered with breakout or QM Smart Money was reached and the price did not cross my main POI. Seeing a reversal candle in the 4-hour breakout, the last floor in 5 minutes, I entered the short trade. And the first price target I set the second target at 2.1 and I have trailed the stop loss to 5.61 as shown in the chart.