Fifth trade taken after UC took out the daily high and ran liquidity...
My expectation was that the price would revert as two major FVG's
were down below.
(the 'guide lines' you see drawn over the highs and lows on my chart are in no way
entry or exit signals, nor are they support/resistance!!)
The 3-2 setup hinted towards a reversal of 2u-2d, but the third down candle
closed below 50 % of the previous candle, so I expected the 2u to become a 3 or
at least a 2d
Nevertheless after first TP was hit i set the trade to BE
3-2? 2u-2d? 3-1-2d ?
if you have any Q's just ask..