A trader breaks down two entry strategies on a daily chart: a high-risk reversal if price breaks below recent lows, or a lower-risk trade that exploits price manipulation at key time points. Success depends on reading market structure and managing risk, not just picking direction.
let's just say the, the daily chart looks like this, and then this is the daily open that we're currently in. Okay, I want to see price trade into this high, which roughly is around 50% of the range. So all I'm looking for is I'm either looking for price to trade below this low, and I can look to trade some sort of reversal. That is a lot of a much more risky trade because it's fighting the overall trend. Yeah. Or I wait for price to manipulate at a significant time point, and then I'm trading from here to here. It's just this tiny little move that I want.
