I took this REACTIVE ENTRY trade based on:
- The retest of a refined EXPANSION m15 IOB found on my H4
- i saw a CLE form on my LTFs which led into bofs
- I am using half a percent risk since i took an entry on the liquidation on LTFs without seeing a full execution
- I am looking to see the an execution phase that will lead in to an m15 bof and continue into my HTFs to create new structure..givve the H4 and D that confirmed break, retest, and follow thru for that new LH TO LL
TARGET:
- An AOI found on the H4
will update as more data prints
- The retest of a refined EXPANSION m15 IOB found on my H4
- i saw a CLE form on my LTFs which led into bofs
- I am using half a percent risk since i took an entry on the liquidation on LTFs without seeing a full execution
- I am looking to see the an execution phase that will lead in to an m15 bof and continue into my HTFs to create new structure..givve the H4 and D that confirmed break, retest, and follow thru for that new LH TO LL
TARGET:
- An AOI found on the H4
will update as more data prints
reasons:
- Not enough volume due to being out of a session
- still needs more liquidity before going pro-trend again
If the expansion does not change flow to the downside then i see price revisiting 1.18600-1.18700 where the PIVOT AOI is located