Euro / U.S. DollarShort
Order block - EUR/USD - short
Updated
Impulsive down move formed on March 23, breaking structure to the south after liquidity grab.
Market makers are now mitigating their position, going up to the order block.
A sub-sequent down move is awaited once the price hits the order block
Market makers are now mitigating their position, going up to the order block.
A sub-sequent down move is awaited once the price hits the order block
Note
On 15 min. timeframe we still have an uptrend. I will move my stop to break even only in case the price broke the structure below, and show me a "lower low".
Some RSI divergence is visible, that could be a good sign.
Trade closed: stop reached
Stop reached, no regrets as the trade matched all my trading rules. Next one
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