we are awaiting a decent pullback on the daily timeframe, we hit a 4H imbalance and created a 15min choch to the upside, I will be holding this and taking partials along the way
Price has been very bearish on the daily timeframe, and we are yet to see a pullback after the initial change of character. Major liquidity has been swept on the 4H so I am now expecting a push up to complete the pullback on the daily timeframe.
Green zone is 4H Demand zone, waited for a CHoCh to the upside once it had entered, entry currently at 55rr with a 1 pip sl. expect to see it rise to 1.09000 and if i dont see potential to downside i expect 109477.
We entered once we saw price enter 15min supply and saw a choch on a lower timeframe.
a ChoCH appeared, entered on 1 min confirmation. once trade hits 5RR i will set to break even to run through news.
I already entered on a previous B2S wick, look for buys on 1min once price enters the most recent 15m demand.