Good evening fellow traders, for today's post i'd like to share a recap of a trade I took on GU today.
DIRECTION - SELL
ENTRY CRITERIA - Buy side liquidity box formed after bearish BOS and double rejection from said area. Entry on low risk/high reward area of 0.5 fib level of POI
EXIT CRITERIA - Full target towards sell side internal POI, trade target fixed at 3R before POI
TIME FRAME - M15 strictly
RESULT - +3R
This is currently a system I made and am currently refining, forward testing and sharing the results along the way. Feel free to reach out for more information!
DIRECTION - SELL
ENTRY CRITERIA - Buy side liquidity box formed after bearish BOS and double rejection from said area. Entry on low risk/high reward area of 0.5 fib level of POI
EXIT CRITERIA - Full target towards sell side internal POI, trade target fixed at 3R before POI
TIME FRAME - M15 strictly
RESULT - +3R
This is currently a system I made and am currently refining, forward testing and sharing the results along the way. Feel free to reach out for more information!