We have a CHoCH in 1H TF. There are two scenarios: 1- I think there is a chance that price come up to take the liquidity above that consolidation and then go down. 2- If any 5min candle closes below 1.4899 it's a confirmation to go short to TP1.
Lets see what will happen...
Good luck.
Lets see what will happen...
Good luck.
Note
We've come up and took the liquidity above the consolidation, and now we have a CHoCH in 15min TF. So I'll go short by the market price by my own risk.If you want you can wait for the trend line break out.
Trade active
Note
This trade is also active for those who set an order.Good luck.
Trade closed: target reached
We reached all TPs.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.