Its sunday again and yes am going to share some tips,today tip is one of my confluence i use to execute this confluence gives me more confidence because i have been observing it for sometime and the concept is called SWING POINTS EXHAUSTION ThreadπŸ‘‡πŸ‘‡πŸ‘‡πŸ‘‡πŸ‘‡

Swing point exhausion is a scenerio when price fails to close below/above the previous swing point this happens when there is still powerfull bulls/bears who wants to reverse the market but the higher timeframe liquidity is attracting the market

When this scenerio happen price tend to go back and find more strength,remember all this time all you do is watch waiting for a price to close below the swing point to confirm your direction,and when price breaks and close below then you will have a new invalidation point

If the price breaks by forming a new formation either inside or outside the point of invalidation now become reclaim point meaning if price closes above it(bearish scenerio)we are claiming the bullish our new invalidation is the highest swing of our formationπŸ‘‡πŸ‘‡

After closing below then now we know we are bearish and area to get entry is inside the formation now we can go to lowe timeframe to find our entry

In a lower timeframe we must see market shifts from bullish to bearish to allign with the trend as shown below

So the market came back into the dail liquidity area where we had a double enginearing confluence risking 20pips and the reward was 138 pips

The advantage of swing point exhaustion is you know your invalidation is safe for stoploss placement and hence gives you confidence to pull trigger and add more position toward the higher timeframe liqudity is the end productπŸ‘‡πŸ‘‡

That was SWING POINT EXHAUSTION type one called i call it structure exhastion,the other type is called CANDLESTICK EXHAUSION i will take about this next time......enjoy and learn πŸ™ƒπŸ™‚πŸ“‰πŸ“ˆ

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