#replay1k 22 - Supply/Demand (P1)
Updated
Entry at the start of OB, which is almost the same as 0.705 level of swing high and swing low. SL set at 0.5% lower of the OB. TP is yet to be set.
Trade active
Now we have a local high as a potential TP.
As the major trend is downtrend, the local high is an acceptable TP level. Now set.
Trade closed: target reached
TP & exit.
Thread closed. //
Note
Note:
It's obvious that the liquidity was grabbed on the equal highs. Now expecting the opposing trend.
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