Trading Strategies

Sweep reversal

Fade the stop hunt

Wait for a sweep of an obvious low (stops taken), then a shift in structure upward. Enter on the pullback, put the stop just below the sweep wick, and target the liquidity on the other side.

Test yourself

Where does the stop go?

Just below the sweep wickIf price goes back below the sweep low, the reversal idea failed.

Why put the stop below the sweep?

If price trades back below it, the reversal idea is wrongA stop belongs where the idea is invalidated.

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Candlr is educational. Nothing here is financial advice, and trading involves a high risk of loss.