brendaabrendaa

brendaabrendaa

Shorting EURCAD in an institutional area. Entry highlighted there because price action keeps bouncing around that area. Stop loss is 18 pips. TP is 106 pips because i'd like it to sell off into the imbalance area. Overall, I'd like to see price action continue bearish since it broke structure but i see a fat imbalance to the upside so will also keep my eye on that.

brendaabrendaa

looking at buys, what do we think? why is it asking me for such a thorough description. I don't want to do all that

brendaabrendaa

This is a potential set up I see for this upcoming week. I marked this up on Saturday 05/22/2021. Before pulling the trigger on this trade I will see how the market opens. For now, this is something that has my interest. Message me on IG @ Brendaabrendaa for more clarity on my mark up!

brendaabrendaa

Confirmations - 1:10 RR Top down analysis Clean bullish environment - playing the re-entry based off the IC candle & 50% of wick Extra confirmation on 5 minute time frame, I see imbalance and liquidity near my entry point.

brendaabrendaa

1. UTAD is forming 2. Money (equal highs to be taken out) 3. Institutional move from the downside. (last down candle filling the imbalance to take the sell) 4. Structure is bearish on the 1H