EQLS
Simplify Market Neutral Equity Long/Short ETF
stock NYSE

On Nasdaq I was focused on the daily range, we swept Previous daily low, now we focus on the previous daily high as the next draw on liquidity for price.
At 09:30 we had a very explosive move higher leaving behind EQLS I understand before price must run the highs it will grab all the fuel first on the lows, so I understand the bullish move we had at 09:30 was just a trap leg up inducing more buyers into the market, once price reached the smart money trap at the highs for sellers it quickly reversed lower.
I understand that retail buyers have built up plenty liquidity on the lows placing stop losses on 09:30 low and the EQLS we have right below it.
The key thing to take from this is my limit order is placed on the stop losses of the early buyers once they get stopped out I get tagged into my position using liquidity + inducement helps me to snipe entries into the market
I place my limit order on the EQLS had my stop loss placed on the liquidity block below it

On Nasdaq I was focused on the daily range, we swept Previous daily low, now we focus on the previous daily high as the next draw on liquidity for price.
At 09:30 we had a very explosive move higher leaving behind EQLS I understand before price must run the highs it will grab all the fuel first on the lows, so I understand the bullish move we had at 09:30 was just a trap leg up inducing more buyers into the market, once price reached the smart money trap at the highs for sellers it quickly reversed lower.
I understand that retail buyers have built up plenty liquidity on the lows placing stop losses on 09:30 low and the EQLS we have right below it.
The key thing to take from this is my limit order is placed on the stop losses of the early buyers once they get stopped out I get tagged into my position using liquidity + inducement helps me to snipe entries into the market
I place my limit order on the EQLS had my stop loss placed on the liquidity block below it