014H
Liquidity sweep
A candle wicks past the most recent swing low (for buys) or swing high (for sells) and closes back inside the range. That wick is the stop-hunt — the sweep extreme becomes your 1.0 fib and your invalidation.
4H execution · daily confirmation
Liquidity sweep → break of structure → 0.71 fib entry.
One repeatable setup, written down so it can be backtested the same way every time. The 4 hour chart does the work. The daily chart only answers one question: premium or discount.
- Entry
- 0.71 fib
- Stop
- 1.0 / sweep
- Target
- +2R
- Attempts
- 3 max
The sequence
024H
Break of structure
After the sweep, price must CLOSE beyond the opposite swing. A close, not a wick. This is the confirmation that the sweep flipped intent — no BOS, no trade.
034H
Drag the Fibonacci
Anchor 1.0 on the sweep extreme and 0 on the high (or low) of the impulse that broke structure. While price keeps pushing, the 0 anchor keeps updating with it.
044H
Entry at 0.71
A limit order sits at the 0.71 retracement. No market chasing — price comes back into the discount of its own impulse, or you skip it.
054H
Stop and target
Stop at the 1.0 (the sweep extreme) plus an optional buffer. Target a fixed multiple of risk — +2R by default, measured from the 0.71 entry.
064H
Re-arm up to 3×
If the first fill is stopped, the same 0.71 level is re-armed, up to three attempts. The setup is dead once price closes beyond the sweep, a target is hit, or too many bars pass unfilled.
Daily confirmation only
Mark the daily range and split it at the midpoint — equilibrium. The daily never gives entries; it only gives permission.
PREMIUM — above equilibrium
Sells only. Look for the 4H sweep of a swing high, a bearish BOS, and the 0.71 on the way back up.
DISCOUNT — below equilibrium
Buys only. Look for the 4H sweep of a swing low, a bullish BOS, and the 0.71 on the pullback.
Live 4H chart
Change the symbol inside the chart to mark up your own sweeps.