Kardec Trader explains how to enter trades by buying below recent lows after a false bounce, targeting the full move to the next high. Smart traders use this liquidity-focused approach instead of entering on structure or Fibonacci levels like most retail traders do.
How do we actually enter the market and target these highs? We have high, low, high, low, and we move bullish to the upside, leaving a level of liquidity to the downside. What happens is typically any retail traders trading off structure, Fibonacci, whatever it is, usually will be entering in here. They want to be taking buys, but we want to buy below lows, sell above highs. Typically what happens is you get a little false reaction and then price comes down to the low. Once this low right here is taken, you enter your buy position right there. So that's where we are entering a buy position. What happens afterwards is the price will move all the way to the upside.
