USDJPY sell opportunity - Just personal observation

Expect the market to go down after Fake BOS and get liquidity in IDM

Note

Market break IDM and close above it. So waiting ChoCh at 1M for Sell opportunity

Note

Now, ChoCh at 1M, let see what will happens.

Note

Well Market quick drop at 1M after ChoCh without create any IDM but wating for create IDM at 1M for high probability.

Note

We have the first IDM at 1M, have valid block order at 1M with IBM. Take the first set up entry for sell.

Note

Hit the firt entry. Now let see.

Note

After trigger fist entry then market down about 10pips and pull back hit SL 1. I lost 1.2 pips. Good study case this morning at Asia Session.

I am still waiting another sell entry at London Session.
Take a breath and waiting. Dont over trade after lost (I am always talk to myself this when hit SL)

Note

Break Swing High 15M is Fake. So I consider at 1M again. Let see

vuongmao

Also on:

vuongmao

Also on:

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.