Analyzed and executed this trade with the students at the physical trading floor, last week.
Let’s walk through this step by step so you understand the thinking, not just the entry.
(Study the process, not just the outcome)
Monthly (HTF Bias)
Price swept the previous monthly high.
That’s a key signal.
Liquidity above highs was taken → expectation shifts from continuation to potential reversal.
We’re no longer looking for buys, but potential shorts, pending confirmation.