Confirmations:
1.4H downtrend market structure
2.1H supply
3.Post liquidity grab
4.Last order block in downtrend structure
5.Banks closing buy positions
1.4H downtrend market structure
2.1H supply
3.Post liquidity grab
4.Last order block in downtrend structure
5.Banks closing buy positions
Trade closed: target reached
Outcome: Closed half the position at a 1:3, moved SL higher when price retested and hit original target.Improvement: SL too tight.
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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.