We have bullish CHOCH, liquidity, sweeping of liquidity and we reached .50 and then .618 . on the 2 hr tf.
On the 2 min tf we waited for bullish BOS to enter.
We have another go at Audchf after it reached first target but unable to reach second target.
This time its the 2hr tf. Price broke BOS came back to sweep liquidity. Now we look to take longs around 61.8 area, it already went through 50% area. For confirmation look for Bullish BOS on the 1 min or 5 min tf. We enter at lower timeframe BOS. The sl will be below...
I caught this one little late but it might still be early enough to get in. CHOCH > price retraced back up after CHOCH> price closed Below the CHOCH > price went back and sweeped the Liquidity. The optimal entry would be at an order block/breaker block/Fvg etc.
P.S. Instead of CHOCH it couldve been BOS as well.
The Audusd had a BOS on the 4hr tf. The price retraced to 50% area and swept previous liquidity area. Now its headed up. The first target is the previous high on 4hr . Second target is the opposing Premium area where there is an order block.
