this pair created a lot of imbalance and broke structure.
now we wait for price to fill in the imbalance and mitigate the orderblock
because the orderblock is a undecision candle we make our stoploss 10 pips bigger than normal.
we always wait for comformation if price broke structure or changed of character.
after that we can look for an entry on the lower time frame
now we wait for price to fill in the imbalance and mitigate the orderblock
because the orderblock is a undecision candle we make our stoploss 10 pips bigger than normal.
we always wait for comformation if price broke structure or changed of character.
after that we can look for an entry on the lower time frame
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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.