Bearish candlestick patterns signal entry opportunities when market makers drain liquidity. Wait for the candle body to close above the IFVG (fair value gap) before entering, or enter within it if you're aggressive. Close positions at the first or second swing high depending on your risk tolerance.
When these kind of bearish candlesticks happen, you have to assume that entry will just exist anytime soon. You have to get ready for that. This is the manipulation, and this manipulation leg is ripping the main liquidity here. And also on the upside, we're creating low resistance liquidity. So all we have to do is just wait for a valid IFVG if you be more conservative, or just get in aggressive entry within the IFVG. For beginners, I would highly suggest you just wait for the candle body close above this IFVG. We got the liquidity pool up here, we got the liquidity sweep, we got the IFVG, we enter all the way. I didn't hold it till the end. I just closed my trade for the second swing high. If you are like more conservative, you can just close your trade on the first one, or you can leave a runner on the upside. That's totally fine. It just depends on what your risk tolerance is and how much profit do you want. What's your target?
