#replay1k 22 - Supply/Demand (P1)

Entry at the start of OB, which is almost the same as 0.705 level of swing high and swing low. SL set at 0.5% lower of the OB. TP is yet to be set.

Trade active:

Now we have a local high as a potential TP.
As the major trend is downtrend, the local high is an acceptable TP level. Now set.

Trade closed: target reached:

TP & exit.

Thread closed. //

Comment:

Note:

It's obvious that the liquidity was grabbed on the equal highs. Now expecting the opposing trend.