GU Trade Idea:
Permissions to enter
- Entry off mitigation candle inside the IPA
GBPUSD
- Also lines up with previous liquidity trendline that got swept
- Mitigation candle built and swept all those equal lows
- Lines up with 78.6-88.6% fib levels
- IPA in the same fib level
- Also rest around the same area of the PDL
- This mitigation candle also happened during NYSE open, so we know this was when big money came in
SL
- Relative Low wick
TP
- Equal highs
- That's also Asian Session high
- Also PDH
- Right around the daily open
* Simple Scales, Fancy Fails
* Taking High Probability Setups
* Doing the habits and actions of a Professional Trader One Trade at a high
//Let me know in the comments your questions, comments, and observations!
Permissions to enter
- Entry off mitigation candle inside the IPA
GBPUSD
- Also lines up with previous liquidity trendline that got swept
- Mitigation candle built and swept all those equal lows
- Lines up with 78.6-88.6% fib levels
- IPA in the same fib level
- Also rest around the same area of the PDL
- This mitigation candle also happened during NYSE open, so we know this was when big money came in
SL
- Relative Low wick
TP
- Equal highs
- That's also Asian Session high
- Also PDH
- Right around the daily open
* Simple Scales, Fancy Fails
* Taking High Probability Setups
* Doing the habits and actions of a Professional Trader One Trade at a high
//Let me know in the comments your questions, comments, and observations!