Buy at the DISCOUNT blue line which may be a support as some would put it or at bullish oderblock red line
Yesterday there was a loss but another buy opportunity presented itself though today it did not hit the target but with proper risk management profits were banked. Price took out liquidity that was resting above the yesterdays high and dropped during London's session open..However we have an oderblock where price is heading after taking out liquidity resting below...
Complete trade on GBPCHF the target was hit
An update on GBPCHF, You can close or you might wait for price to touch the FVG above the price.
The FVG ABOVE WAS RESPECTED NOW WE LOOK TO BUY AT THE FVG WHERE PRICE.
the trade was complete has it hit the target
Sell limit was triggered we to ail the stop loss after 1:1 Risk Reward Ratio.
We buy at BULLISH ORDERBLOCK (+OB) After price hits the mean threshhold of the +OB, Relating to the break the Previous HIGH On DXY. @NEGATIVE CORRELATION.
We wait for price to hit the BULLISH ORDER BLOCK(+OB) MEAN THRESHHOLD LINE and enter a buy however if it is violated we have to anticipate to enter from SUPPORT LEVEL. With reference to GBPCHF Correlation.