Euro / Japanese Yen
Long
Updated

EUR JPY #0007 Long Swing Trade

102
- The trade is heavily reliant on the liquidity pools exist along the structures
- Fair Value Gap coupled by an order block indicates an Imbalanced in price movement.
- Multiple failed attempts to break the Intra-Liquidity Pools (towards Bullish), indicating exhaustion in the bullish bias.
- customary, a fair value gap presents an imbalance in price, where the market will react to it by a set of corrections, and we aim to capitalize on that.
- The Buy Limit is placed at the price within the order blocks and SL is placed outside the Larger Liquidity Pool,s giving enough room for price "play-around".
- TP target will be on the Larger Liquidity Pools
- Trade is Swing in Nature.
Trade closed manually
- Trade was closed due to a change in my personal bias towards the market.
- no loss registered from this order limit.

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