- Not my initial setup when I first marked this chart up but the second time I looked at it on the 15min you can see that price has been making a staircase down and that last massive move down has never been mitigated and there is still mitigation to the downside, so I think this could be the push that gets us down there on the 1h
- Look at the last two time price took liquidity and spiked down on the 15m this is the same thing just less liquidity and it's the third time
- Price may spike higher because on the 4h there is a mitigation area and some liquidity up top
- Look at the last two time price took liquidity and spiked down on the 15m this is the same thing just less liquidity and it's the third time
- Price may spike higher because on the 4h there is a mitigation area and some liquidity up top
Trade closed: stop reached:
Never checked the fib confluence, but that's okay. Check reflection on this trade to see what you could have done better