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Only shortly before the London open a new "Asia session high" was created with an M15 pinbar.
We now have a good range to break out from during the London session AM hours. Both long and short have a better than 1:1 RR so we're good to go. As always, 10 pip stop losses and profits at the nearest Daily Pivot lines. When one order is filled, the other will be cancelled.
This could become a daily repeatable setup: breakout of the Asian trading session when London opens. Targets are placed with the nearest Pivot levels and stops are a standard 10 pips away. Entries valid since R:R > 1:1.
The Short entry today is a bit lower than Asia session's low due to the fact that yesterday's low is too close by, so we want to enter short when...