hopiplaka1
Short

A 15 MIN renko and order block play

FX:EURUSD   Euro Fx/U.S. Dollar
54 1 1
Price entered the OTE             zone into a 15MIN order block.

The fib was drawn using a renko resistance line (i.e. a hidden OTE             ) residing around the .20 level.
The entry is @ 1.2400 a big institutional level.

With a stop of 10 pips and a take profit of 30 pips, this is a small scalp which executes before FOMC I hope :)
Trade was successful, it went straight to the take profit just before NFP. After that it hit the 79% OTE zone of the 1H renko resistance line deep inside that 1H order block
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out