We saw Tuesday taking Monday's low and then Wednesday after Fed rates we saw Tuesday high taken. I am thinking since Sellside Liquidity has been taken we should expect a follow-up into opposite side Buyside liquidity above Monday's high.
Comment:
Beautiful momentum to the upside as expected. We are approaching 1.1120 as we target 1.1150
Comment:
Beautiful momentum to the upside as expected. We are approaching 1.1120 as we target 1.1150
Trade active:
The idea is in profit
Comment:
Stop would be moved to breakeven here
Comment:
We have taken Monday high. Would like to see it go through 1.1150 into the imbalance to reach the target.
Comment:
If we see it under 1.1130 before it goes into the imbalance above 1.1150 then it might also go under 1.1120 again. At that point I would consider the idea has come to an end.
Trade closed manually:
Position would be closed under 1.1130
