DXY Trading Plan - 12/Feb/2021Hello Traders,
Hope you all are doing good!!
My bias for DXY is correction UP & then DOWN to take the liquidity & mitigate that 4H OB.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
OB
GBPJPY LIQ GRABS - (Monday November 30th, 2020)4H TF, GBPJPY, REACHING A POI
- ADDRESSING THE GREEN OB: MARKET REACHED 50% OF THE ORDER BLOCK ALREADY
- NOW MARKET IS CREATING EQUAL HIGHS AND LOWS (BLUE)
- BROKE ITS TREND AND SOLD OFF TO GRAB LIQUIDITY
(SOLD OFF WHEN MARKET REACHED THE RECENT WICK REJECTION (DOTTED LINE))
- OUTLOOK: BUY UP TO THE UNTESTED LEVEL (POI)
(TAKE THE SL SET OF ALL SELL ORDERS)