So i just managed to scalp a few pips off of this EURGBP 15m break & buy setup.
The liquidity at around the 0.83557 mark obviously had a few orders built up there with stops below. We can see from the way the 15m chart played out that the bears have pushed for the liquidity and taken out stops below. This was followed by a small influx of buy orders or closing out of positions allowing me to snag a few pips on the retrace.
The liquidity at around the 0.83557 mark obviously had a few orders built up there with stops below. We can see from the way the 15m chart played out that the bears have pushed for the liquidity and taken out stops below. This was followed by a small influx of buy orders or closing out of positions allowing me to snag a few pips on the retrace.
