Price swept Sellside Liquidity from August 5th, therefore we could now expect price to seek Buyside Liquidity which would be our target. As price swept liquidity I stepped down to the lower timeframes to look for an entry.
POSITION
- Entry 0.62066
- S/L 0.61946
- T/P 0.63681
R:R
- 14.71
RISK
- 0,15%
- $1,2
- 12pips
REWARD
- 2,22%
- $17,65
- 176.5
CONFLUENCES
- Sellside Liquidity from August 5th swept
- Market structure shift on 5m
- 5m FVG
POSITION
- Entry 0.62066
- S/L 0.61946
- T/P 0.63681
R:R
- 14.71
RISK
- 0,15%
- $1,2
- 12pips
REWARD
- 2,22%
- $17,65
- 176.5
CONFLUENCES
- Sellside Liquidity from August 5th swept
- Market structure shift on 5m
- 5m FVG