SL on the last position was to low - got taken out by a quick move up to take out Asian liquidity.
Enter was off the 1m order block that was originally found.
Reason for short position:
- Impluse Uptrend Liquidity
- FVG
TP = Bottom of the uptrend liquidity
Reversal of the impluse push upwards.
Hit 79% and went down
Found a 1M order block on the 79% fib
Entered between 79% and 70.5%
Lots of impulse liquidity from the move upwards.
TP= Bottom of impulse move up
XAUUSD - LONG
Found a break in an triangle - breakout saw a large drop - creating a lot of liquidity which was immediately taken - meaning buyers are strong.
Then formed an uptrend
Notes:
Lots of liquidity which hasn't been taken
TP = Asian high liquidity which hasn't been taken yet.
