Abaas24z

Abaas24z

A lot of people think GU is now bearish, because they see few break of Structures on the Lower Time Frames.

Abaas24z

TEXT BOOK setup, i have set limits for this trade!

Abaas24z

CADCHF seems to be overbought, as it has been just bearish since the start of 2022. I would say this a good time to buy because if price is bearish we would expect it to respect supply, in this case it has not respected the supply we are targeting, we also have a zone above that we could target but we 30 Risk to Reward ill be happy with.

Abaas24z

EURGBP has been overall bearish for the past months, meaning it has been respecting demand for months, i seen that it has left behind a Supply/order block that it has not tapped into, i am now anticipating that price will come back to that order block before the next leg down!

Abaas24z

seen that GBPAUD was respecting supply, caught my entry on the next supply, honestly this becomes so easy once you learn it fully

Abaas24z

i have removed my limit, market has my TP but no trigger

Abaas24z

I have set alerts at that supply, will be monitoring it once price gets to that point, due to the fact that i am not comfortable with the stop loss size would rather wait for lower time frame CHoCH

Abaas24z

missed it by not even a pip, posted this set up like 2 hours ago no mercy trading view!

Abaas24z

LTF analysis, i will post before and after screen shots on my inta @abaasfx

Abaas24z

took this trade from a demand that price has left behind, and as we know market always takes out Asian highs and lows and at this point it had to take out the Asian low to get to my demand, now i am anticipating that price will take out the Asian highs and hit my Take profit respecting a supply above!

Abaas24z

stop loss is only 1.6 pips targeting a supply above, which i can then sell off from. I WILL UPDATE you guys about this trade!