Hello
Got another EURUSD sell due to liquidity being taken out from retail highs and price than decided to go lower forming a CHOCH followed by consolidation afterwards which I am hoping is likely to get taken out and return back to supply zone (blue) to enter in sell limit.
Lets see how this plays out because price reaches the next liquidity raid which is the TP than I will be looking to increase TP if price is still bearish after that.
I will take also TP early if price decides to reverse on the liquidity grab as well.
One thing I cannot stress enough is that many traders fail to take out partials when it should be an absolute necessity to do so.
Got another EURUSD sell due to liquidity being taken out from retail highs and price than decided to go lower forming a CHOCH followed by consolidation afterwards which I am hoping is likely to get taken out and return back to supply zone (blue) to enter in sell limit.
Lets see how this plays out because price reaches the next liquidity raid which is the TP than I will be looking to increase TP if price is still bearish after that.
I will take also TP early if price decides to reverse on the liquidity grab as well.
One thing I cannot stress enough is that many traders fail to take out partials when it should be an absolute necessity to do so.
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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.
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.