Price has created AMD pattern near important short time swing high also tapping to huge liquidity pool from Weekly Time Frame. However we still have untaken key swing high which may be taken off before reversal.
Comment:
Now the price came to Order Block but as there a lot of liquidity resting below we may see consolidation and squeeze downside. So far price made 1.5 R
Trade closed: target reached:
I am sure price will fall down a little more it wen 1.7R but i would close the position already. There was more opportunities to enter in POI i have mentioned for better risk reward.
Comment:
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Trade closed: target reached:
Price has reached the target (2R in pocket).