10AM 4H PO3 Setup
Notes about this setup:
- Notice how we have two areas inside of the 10am candle that are showing a CISD, how can we properly identify the proper one? With the first setup, which is inside of a macro, we can argue that this entry to target resting BL, is too early into the 10am candle, and price barely priced in that 15m PDA which is 15m OB+. Plus, we lack a proper SMT in that area, now when price retraces back into this OB, we can see how NQ and ES formed a nice SMT inside of the OB.
- I think this is they key, the SMT we’re looking for should be relatively inside or in the area of the PDA, like present here, or in the other examples I’ve shown.
- Theoretically, both entries would have worked if we set out SL on the bottom of that first wick into the PDA.
- 12 points with inversion setup inside of macro, and 38 points with the proper entry with all the needed requirements: - price inside of HTF PDA, SMT w ES, and CISD on aligned time frame (1m).
1m Time Frame & Potential Executions:
