EURUSD M15 Short - 28 Nov

28 Kas

HTF Price retraced to HTF supply zone.

M15/H1 ChoCh. Signalling Price is willing to move downwards.

Taking a 1:3RR trade.
Risking little pips to get good RR but high chance to be liquidated. You might want to put a higher SL if you're seeing the same trade as I am.

Currently still in Asian trading session, some might say have to wait for Asian Liquidation. I'm still learning, so let's see how it goes.

28 Kas

Not

M15 BOS and candle closed. retracement seems to be weak and price wants to head back down. The swing high is now at 1.05629 which was similar to our SL.

Will London sweep us out as liquidity to push the move downwards?

28 Kas

İşlem aktif

Currently our SL is above new Swing High due to BOS. Where will the new swing low be? Our TP?

28 Kas

Not

30 Minutes to Entering London session, we see that liquidity sweep upwards, a 13 pips move.
After which, Price immediately bounced back down 6-7 pips.

28 Kas

İşlem kapandı: hedefe ulaştı

TP-ed. Price could potentially continue downwards but all is well. Lovely trade. :) Cheers!

After M15 BOS, I could have marked out supply zone and wait for a liquidity sweep before entering. Lesson learned.