4hr structure price is creating lower lows
from the previous high we had POI , so we are basically waiting for the 50-55% retest of those institutional candles which is the area 88.60 on fibs.
Sl 20 pips because price might come to the liquidity area , swep it and then coming down. There i would go for a possible stophunt. Let's see the price action as soon as NY is open
from the previous high we had POI , so we are basically waiting for the 50-55% retest of those institutional candles which is the area 88.60 on fibs.
Sl 20 pips because price might come to the liquidity area , swep it and then coming down. There i would go for a possible stophunt. Let's see the price action as soon as NY is open
Trade active:
Price reversed exactly where i predicted.
Entered on 5m with a stophunt move.
30pips+ this is a risk free trade now
Entered on 5m with a stophunt move.
30pips+ this is a risk free trade now
Comment:
40 pips+ , risk to reward 1/4. Move sl to 2%+ and let it run.
Comment:
65 PIPS+ IN PROFIT, risk to reward 1/10
Trade closed: target reached:
Closed 90 pips in profit