Alchemy Pay / Tether
Long

ACHUSDT Long Scalp

214
- Price creates an imbalance to the downside
- Price creates sell-side liquidity (SSL), then clears this
- Price retraces and clears the highs of the prior sell-side liquidity, creating a Change of Character (CHoCH)
- After creating a change of character, price creates internal liquidity ($) on its way down
- Once price comes down and clears the internal liquidity, price then mitigates the 1H demand zone
- Price wicks below demand in the breaker block, then creates a confirmation candle for upside potential
- Once this candle closes, we enter for longs with a stop loss below the wick low of the bearish imbalance
- Tp1 is set to a LTF resistance with Tp2 set to the 1H supply, just above external liquidity

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