I have taken a long on GBPJPY using my ELITE Strategy.
First I noticed price setting one of my alerts of the 4 hour structural zone (Gray).
Second I checked for transitional switch on the 1 minute.
Third I checked for transitional switch on the 3 minute.
Fourth I checked for transitional switch on the 5 minute.
I had all my confirmations for my ELITE Strategy, I then executed a long trade only risking 0.5% of my account.
I am targeting weekly market structure(dotted line)
I do have a second trade to close at a 1:3 RR. (I do not take partials on 1:2 or 1:3.
First trade will be managed with partials at specific levels of liquidity.
I am targeting upper liquidity.
This is all educational purposes.
First I noticed price setting one of my alerts of the 4 hour structural zone (Gray).
Second I checked for transitional switch on the 1 minute.
Third I checked for transitional switch on the 3 minute.
Fourth I checked for transitional switch on the 5 minute.
I had all my confirmations for my ELITE Strategy, I then executed a long trade only risking 0.5% of my account.
I am targeting weekly market structure(dotted line)
I do have a second trade to close at a 1:3 RR. (I do not take partials on 1:2 or 1:3.
First trade will be managed with partials at specific levels of liquidity.
I am targeting upper liquidity.
This is all educational purposes.
Elite Legions