Shorted clearly defined order block. Was expecting a bounce from outlined neutral Volume node, confluent with the daily 200, inability to flush back through this area will se me scratch trade and look for potential re entry higher!!
Following the current uptrend, this was a pullback buy, pulled back to volume node confluent with 618 retrace. Initial scale is at local Order block, 2nd half of position at ultimate destination.
Im buying the bottom side of the low timeframe range, targeting a quick move up to higher timeframe resistance -top side of that being 487 were I expect a larger pullback before ETH can attempt to hold above 490. If it can do that then it will continue higher and we may really see fireworks!!
Was looking to get short from POC here, stop was tight compared to the potential return, ended up being a little too greedy with the entry. On to the next one!!
AUD/JPY - Will buy the retest of this level with weekly closes above first!! Needs to flip this level for major upside, this will be core position with wide stop, plenty of opportunity to trade around it on the way up.
Looking to get long 2x orders set at previous order block and Volume node, stops hiding behind recent consolidation area, not my ideal entry but looking to get involved for the next leg up to 15K
