Current Direction on 1H, 4H, D is Bearish, Lots of liquidity resting below.
Price is currently filling the Fair Value Gap (Buy side imbalance, sell side inefficiency), before making its way down to capture liquidity.
Fair value gap aligned with optimal trade entry level makes this a high confluence trade.
Price is currently filling the Fair Value Gap (Buy side imbalance, sell side inefficiency), before making its way down to capture liquidity.
Fair value gap aligned with optimal trade entry level makes this a high confluence trade.
Trade active
Note
Just placed a sell stop at 105.310SL: 104.410 (10 Pips)
TP 1: 105.095 (21 Pips)
TP 2: 104.937 (36 Pips)
Use proper risk management if you take this trade.
Move Stop Loss to break even when 15 - 20 Pips in profit, and
take partials.
Trade closed: stop reached
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.