Hello guys,
Relatively straight-forward idea here. Price took out buyside liquidity in the form of equal highs, on an additional level outside the view of the chart as well. This is a trade to retrace back into a discount and take out sellside liquidity, as well as return to a weekly BISI.
Trade is illustrated at a market order at current price with stoploss above the high. DCA limit entries can be taken if price retraces. As usual, be wary of high impact news taking out the high one more time.
Enjoy <3
- R2F
Relatively straight-forward idea here. Price took out buyside liquidity in the form of equal highs, on an additional level outside the view of the chart as well. This is a trade to retrace back into a discount and take out sellside liquidity, as well as return to a weekly BISI.
Trade is illustrated at a market order at current price with stoploss above the high. DCA limit entries can be taken if price retraces. As usual, be wary of high impact news taking out the high one more time.
Enjoy <3
- R2F
Trade active
Come to papa. 80 pips in profit.Trade closed: target reached
DonezoNote
Additional target about to get hit.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.