What I'm thinking here is that the Previous Highs and Lows along with the OTE fib, and the Weekly Order Block above give me an entry to get short. I think this week we take stab at the gap below.
A trade that I'm currently in.
I have previously posted an idea showing my reasoning for the trade. At the time of this post, I have already taken 75% off of my position at +15 (50%) and +8 (25%). I don't think I can post my twitter handle but I posted my results there.
As usual, even if you executed your system exactly as planned, you will NEVER KNOW which...
I think that the recent rally might still find some upside if a test of 1.0700 holds. As you can see on my chart, the 1.0700 level was a previous high. When we broke the 1.06776 highmarket flow turned north.
A hidden Optimal Trade Entry shows that the OTE fibs line up with the previous high and 1.0700 number. The 1.0700 level may provide a Long entry there....
a swing has extended to the 127.1 fig (ICT Reflection pattern) at 1.2261 which lines up with a H1 Order Block. the H1 order block is also inside of a H4 OB
