If we see a phase of market protraction into the London session tomorrow morning, with the market filling the FVG (Fair Value Gap) I will look to enter at the OB (Order Block) with a 40 pip stop just above the OB. I will scale out 2/3 of the position for around 4R at the swing low and leave 1/3 of the position to potentially run into the mid point of the FVG on the left of the chart for a potential 5R.
Trade active:
Entry Tagged
Trade closed: target reached:
Both targets reached. First target 2.5R and second 5.5 R