A mitigation block Trading set up
Hello friends this is most Uncommon pattern for traders Lets understand how to enter trade A mitigation block is a buy or sell zone in the smart money concept that forms after a failure swing. A failure swing occurs when the market fails to surpass a previous peak in an uptrend or a previous trough in a downtrend. This pattern indicates a loss of momentum and a potential reversal. Mitigation blocks are identified by observing specific price action patterns, including: a new higher high, a swing low, a failed new higher high, and a new lower low that breaks below the second low. A bullish mitigation block is a result of a failed collection of sell-side liquidity on previous lows. This pushes the price up to collect buy-side liquidity on the nearest previous high, thus forming a higher high Lets find this set up in below image Different types of mitigation blocks and breaker blocks Bearish mitigation block and bullish mitigation block ...