We went into the OTE zone on the 4Hour chart while we were in a bullish order block on the USDX at the same time. We also cleaned the stops of the 22nd of October.
On the 15Min we saw a break in market structure for bearish setups. We retraced into a smaller timeframe OTE for a nice short setup.
Take profit would be nice at the previous swing low
Comments
AusDoc
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Right direction, wrong pattern. Was high risk due to expected news release. News pushed price to the higher OB. You saw that higher OB though, right?