ICT Concepts i.e. Student Buy Limit @ 1.33600 SL @ 1.33100 TP @ 1.35700
USOIL BUY...Stopped out on my USDCAD but am back it as well...
- PA is above Monthly Open + Above Weekly Open - Entry at Monday's High - BIAS is Long with a Pin Bar Formed on Tue (Which is also Low of Week) + Fractal Formed between Mon & Wed, Retest (as OTE) Risk - 25 pips @ 0.73950 ~ 0.73920 Area (*depending with your platform*) Opportunity - 50 pips @ 0.74700 ~ 0.74800 Area (*depending with your platform*) Will cover...
Market Structure is slowly breaking down...I think Tue made the high of week so using Tue High and Wed Low, I entered at 50% of that swing @ around 25 pip SL and a 75 pip TP potential...If trade goes my way, I will take profits as: - 60% @ 1.3200 - 20% @ 1.3180 - 20% @ 1.3650 Will add some more below Monday's Range Low
Selling some Aussie Dollar targeting Previous Week's Low with a 30 pip Risk and 60 Pip Reward. D1 BIAS is short imo. Target #1 - Inst Level 0.6680 which is also the Current Month Open Level Area Target #2 - Previous Week's Low
Short EURCAD, supported by Bearish Int Rate Diff's...