EURUSD SELL 5m

15 Kas 2023

We're eyeing an OrderBlock on the 5 minute chart right near the tip of an Intermediate Term High (ITH). Our stop would account for the Fair Value Gap where the ITM formed. We would target the Intermediate Term Low, also on the 5 minute chart for a decent 1:3 RR. This trade would only be valid long before the news. If it isn't long into the trade before the news then there would be no trade.

15 Kas 2023

Not

The Idea was invalid at 8AM when it wasn't filled yet. So, trade idea was abandoned.