consciousLizar69776

LONG EURUSD scalp

Long
OANDA:EURUSD   Euro / U.S. Dollar
- H4 bullish bias
- Price retraced to discount area of previous price leg into a M15 FVG
- Market structure shift with displacement, creating a M5 FVG
- Multiple returns into M5 FVG

SL below M5 FVG candle
TP1 + BE Asian range high
TP2 symetrical swing, 100% fib extension

Cons:
- London open may wipe out stops before moving in the opposite direction
- Outside of ICT kill zone
Comment:
It would probably have been wise to wait for the London session to open really.
Comment:
That was very close to the stop, but there is hope:
- price has moved below the NY opening price (which should have been a requirement before having a trade idea really - broke the rules there!).
- this could indicate a power of 3 formation is at play
- price has now bounced energetically off a M1 FVG, within the M15 FVG, which may points to some big boys being in the game

Trading in the zone: I am certain of uncertainty.
Comment:
Nope thats it. Game over for this trade. Wait and see what the London Open has to offer.
Comment:
London Open, Sell side liquidity taken, so it should go up from here!
Comment:
I give up for today. It just wants to go down.
Trade closed: stop reached
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