hopiplaka1

A 15 MIN renko and order block play

Short
FX:EURUSD   Euro / U.S. Dollar
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 :)
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.