𝗦𝗧𝗢𝗣 𝗠𝗮𝗸𝗶𝗻𝗴 𝗧𝗵𝗶𝘀 𝗖𝗿𝗶𝘁𝗶𝗰𝗮𝗹 𝗠𝗶𝘀𝘁𝗮𝗸𝗲: 𝗬𝗼𝘂𝗿 𝗠𝗶𝘁𝗶𝗴𝗮𝘁𝗶𝗼𝗻 𝗕𝗹𝗼𝗰𝗸𝘀 𝗔𝗿𝗲 𝗔𝗹𝗹 𝗪𝗿𝗼𝗻𝗴! By the end of this thread, you will understand how to actually use Mitigation Blocks to make more money!
𝗠𝗶𝘁𝗶𝗴𝗮𝘁𝗶𝗼𝗻 𝗕𝗹𝗼𝗰𝗸𝘀 A mitigation block is a failure swing that occurs when price fails to swing higher or lower in bullish or bearish market respectively. Mitigation blocks are used to manage or "mitigate" potential losses or drawdowns for traders who are in an offside position. When price returns to a mitigation block, it provides an opportunity for traders to reduce their losses or exit their positions. 𝗜𝗻𝘀𝘁𝗶𝘁𝘂𝘁𝗶𝗼𝗻𝗮𝗹 𝗦𝘄𝗶𝗻𝗴 𝗣𝗼𝗶𝗻𝘁𝘀 Breaker Swing ( Breaker Blocks ) & Failure Swing ( Mitigation Blocks ) although very similar, Mitigation Blocks form after a Failure Swing which marks them apart from Breaker Swings 𝗕𝘂𝗹𝗹𝗶𝘀𝗵 𝗠𝗶𝘁𝗶𝗴𝗮𝘁𝗶𝗼𝗻 𝗕𝗹𝗼𝗰𝗸 A specific price pattern where you have a low, a high, and a higher low, which makes the high a mitigation block. When price revisits this level, it can act as a point of support for price. 𝗕𝗲𝗮𝗿𝗶𝘀𝗵 𝗠𝗶𝘁𝗶𝗴𝗮𝘁𝗶𝗼𝗻 𝗕𝗹𝗼𝗰𝗸 A specific price pattern where you hav...