How I traded textbook on #Gbpcad Tuesday
First it was the framework from a 1 hourly POV, price was reacting off from a daily bearish orderblock but the 1 hourly was still bullish and needed that ChoCH before looking for the sell.
After marking my 1 hourly range I figured there wasn't liquidity in the range and price ended up taking out the Inducement liquidity with a wick, I wasn't sure the trend was changed yet so i dropped lower to see clearer. Then this diagram came to mind
Dropped down, then it hit me that price was still bullish on the M15 after marking out structure and I waited for its range to form completely.
It's pretty simple;
Sweep
Break
Inducement
#SBI
At as of the time my target was a weak M14 high but I later target the hourly TLQ
It's pretty simple;
Sweep
Break
Inducement
#SBI
At as of the time my target was a weak M14 high but I later target the hourly TLQ
Price gave room for re-entry which I also did take advantage of ✌🏼
Tp Atlas 😊
Textbook setups are golden
Once you see them, it's a boom
Not 💯 but works well ❤️🩹
NOTE: Compare hourly chart with the diagram at page 1 for a better understanding.
Once you see them, it's a boom
Not 💯 but works well ❤️🩹
NOTE: Compare hourly chart with the diagram at page 1 for a better understanding.
If you learnt something new;
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Big dad agba SIMPLICITY God father @SimonJunias32 🙌🏼❣️
@Kelvinsam111 thanks for drawing my attention to the pair 😊
@de_forex_
@Alh_Myke1
@Kelvintalent_
@ICT_Sherlock
@kingsolomon4lyf
Like
Follow
Retweet
And follow this top traders for more;
Big dad agba SIMPLICITY God father @SimonJunias32 🙌🏼❣️
@Kelvinsam111 thanks for drawing my attention to the pair 😊
@de_forex_
@Alh_Myke1
@Kelvintalent_
@ICT_Sherlock
@kingsolomon4lyf
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