Looking for GU to continue it's bullish trend after this 4HR order block is mitigated. I've refined down just to the 15min and will look for structure if/when the OB is reached.
Could go in blind order here with a limit buy order.
Entry - 1.38494 SL - 1.38420 TP - 13RR
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Came down and just hit the top of the 4HR Order block. I Will see if it comes back to the entry area.
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"blind enty" would have been stopped by less than a pip. Didn't take the trade as I was looking for structure/wyckoff to get in
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taking a trade based on the 1M in this area. Will go BE as shown.
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Trade at Breakeven! will take off 50% at partial shown and will let the rest go. targeting new highs around 20RR.
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Out at BE
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will look for a similar setup here as I think we will drop from here.
Order cancelled
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Got the move up as expected. Refinement was off and would have been stopped out. Overall right idea.
be careful with this though because its made a lower high potentially so it could reverse from here
UnknownUnicorn1956671
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@BenFxLDN, Yeah, and more imbalance below. Looking for structure here instead of the set and forget limit order. Will be interested to see how it plays
BenFxLDN
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@qlapp28, be careful though because a daily order block just got triggered with a load of downside imbalance previously
UnknownUnicorn1956671
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@BenFxLDN, Yeah I see. I tend to not go back terribly far. I use the daily chart for bias only.