HI All!
It's been so long since I've last posted, so I thought I'd give a breakdown of my last 2 trades I've taken.
If you're familiar with my content, you know I like to trade order blocks, and these past few weeks GJ has been reacting nicely to a few.
Okay, back in February, and Beginning of March (4HR TF), GJ couldn't make it over 191.000. In March, GJ made a lower high (closing lower than February), so that was an indication to me that GJ was probably getting ready for a retracement.
GJ then made its way down around 188.200. If you go to the 4HR TF, GJ never broke structure closing below that 4HR Order Block area (188.200). That was a good area to start looking for buys because there was no close/break below that 4HR OB, and candles were closing higher with bullish momentum, and bouncing off the MAs.
GJ Set up beautifully for a Long when it was making an Inverted Head and Shoulder pattern, with new lower Highs, and two big candle rejections on March 14th and 15th.
Therefore, that gave me my confirmations that the pair was turning around and getting ready to head up again. With that being said, I had a great execution around 189.000. (That was opportunity #1)
GJ then set up AGAIN for a 2nd opportunity when it broke a 4HR Bearish Order Block making it a breaker OB, closing above with multiple rejections. If you go down to a 15M TF, you can clearly see GJ was not about to break below that breaker order block with 6 or more rejections! Therefore, my 2nd execution was around 189.800. Now, I have 2 trades running in profit!
Also, a quick tip that I've learned... Wherever you see price wicking A LOT, price will most likely, 9/10, break that area. Sometimes you'll see it really well on the lower TFs like 15M, or 1HR, but in this case I was watching the British Pound Futures, and on the DAILY this was happening A LOT for MONTHS! So, I definitely used that information to my advantage.
Lastly, My TP targets hit at 191.000, and 191.200.
Now, I will patiently wait for a retracement to fill in some imbalance and go from there!
THANK YOU if you've read this far, and I hope you guys get some value from my page. Leave some comments if this resonates with you!
Safe Trading,
🫡 💰
It's been so long since I've last posted, so I thought I'd give a breakdown of my last 2 trades I've taken.
If you're familiar with my content, you know I like to trade order blocks, and these past few weeks GJ has been reacting nicely to a few.
Okay, back in February, and Beginning of March (4HR TF), GJ couldn't make it over 191.000. In March, GJ made a lower high (closing lower than February), so that was an indication to me that GJ was probably getting ready for a retracement.
GJ then made its way down around 188.200. If you go to the 4HR TF, GJ never broke structure closing below that 4HR Order Block area (188.200). That was a good area to start looking for buys because there was no close/break below that 4HR OB, and candles were closing higher with bullish momentum, and bouncing off the MAs.
GJ Set up beautifully for a Long when it was making an Inverted Head and Shoulder pattern, with new lower Highs, and two big candle rejections on March 14th and 15th.
Therefore, that gave me my confirmations that the pair was turning around and getting ready to head up again. With that being said, I had a great execution around 189.000. (That was opportunity #1)
GJ then set up AGAIN for a 2nd opportunity when it broke a 4HR Bearish Order Block making it a breaker OB, closing above with multiple rejections. If you go down to a 15M TF, you can clearly see GJ was not about to break below that breaker order block with 6 or more rejections! Therefore, my 2nd execution was around 189.800. Now, I have 2 trades running in profit!
Also, a quick tip that I've learned... Wherever you see price wicking A LOT, price will most likely, 9/10, break that area. Sometimes you'll see it really well on the lower TFs like 15M, or 1HR, but in this case I was watching the British Pound Futures, and on the DAILY this was happening A LOT for MONTHS! So, I definitely used that information to my advantage.
Lastly, My TP targets hit at 191.000, and 191.200.
Now, I will patiently wait for a retracement to fill in some imbalance and go from there!
THANK YOU if you've read this far, and I hope you guys get some value from my page. Leave some comments if this resonates with you!
Safe Trading,
🫡 💰