sTax11

sTax11 Updated 

Price is currently struggling to break through a key resistance area. That’s not a problem – I’m not looking to catch the entire move, I only need a clean 1:3 RR and potentially the completion of the Asia range. 🔻 Bias: Bearish On the 4H chart, I’ve identified the 50 EMA as a possible point of rejection, and it lines up perfectly with a 15m POI...

sTax11 Updated 

I see that we broke structure to the downside on 15m, isnt the best break but i will still count it based on the fact where we are on HTF (D/W OB) and the mini-gap which got created in current asia. I cant cover the highs with a 10 pip stop so i will wait to see some bearish confirmation either a clear 1m bos to the downside, or nice price action on 5/15m...

sTax11 Updated 

I expect the price to continue going up based on where we are on HTF (The lows that created the most recent push on D/W Timeframe) The 2 zones are my entry points if i see nice price action around the zones. First will be an 1m BOS that im waiting from the 15m poi. Second will be price action confirmation or 1m BOS from the lows. My overall targets are the HTF...

sTax11 Updated 

I noticed we have a bearish structure on the 15m, and the entire push was created from the 15m Orderblock we're currently in. We've had a bearish reaction from there (1m BOS), and now I'm waiting to see if the price will revisit the OB left behind for a potential continuation to the downside. My first target is 1:3 (30pips) and overall i expect price to fill...

sTax11 Updated 

We have a lot of wicks which indicates slowdown in price and an bearish engulfing, we have an 5m imbalance where my entry is and i can cover the highs with the 10 pip stop. 75% will be taken off at 3RR, rest will go to 8RR asia low or breakeven.