Hello, Inn this video...i will be explaining the best and most profitable way to manage your trades in the market or rather the best way to manage open profits in the market
The break above the line and a mitigation of the line and reaction at a keylevel followed by a reversal setup shows price willingness to continue to the upside... 😉
CONFLUENCES FOR TRADE 1- mapped out asian highs and lows 2- price broke below asian low signalling a bullish bias 3- price broke structure into asian range 4- price pulled back into an imbalanced or inefficient demand POI 5- I executed with a limit order setring Stoploss below the low and profit target above the opposite direction closing a 4.95% ROI
GBPUSD has recently taken out the liquidity spotted downwards and has shown reactions around the liquidity grab zone major pick back expected towards the upside