After price traded up to a D1 Bearish Orderblock, we saw a rejection and a market structure breakdown.
Today price has come back to retest the H1 Bearish Orderblock after that big drop yesterday to induce sell stops, price has come up to raid the stop losses of any retail sellers.
Looking for a continuation short from this point
Initial target is seen below for a RR of 1:6.
Good luck
- AmplaFX
Comment
Clean shift
Comment
Stop has been shifted to Breakeven. Took a small partial.
Comment
Clean move down.
Let's see how price delivers going into NFP Friday.
Comment
Taken some partial profit. Stop has been moved to breakeven.
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