The market needs the come down to the order block it created and just above the order block is and market inefficiency which needs to be filled, I believe the market is gonna come down fill the order block, below it then fill the inefficiency then push back up higher, i will adjust the targets to a potential order block. AS it stands the trade is a 1:12RR. if you want to refine the trade you can wait ill the trade comes to the AOI and then go on a lower TF and look for 5 min order blocks to enter on and have a tighter SL increasing the RR.
I used to be a all indicator trader waiting for it to print something for me, always hopping into trades late. Now I try to trade pure PA, im also trying to learn SMC I am still complete novice so please take this analysis with a grain of salt, this is just my prediction
PS I AM GONNA OPEN THE TRADE AFTER PRICE WICKS THROUGH THE OB and then comes back UP INTO THE INEFFICIENCY, I WILL OPEN THE TRADE AT 50% OF THE INEFFICIENCY.
I used to be a all indicator trader waiting for it to print something for me, always hopping into trades late. Now I try to trade pure PA, im also trying to learn SMC I am still complete novice so please take this analysis with a grain of salt, this is just my prediction
PS I AM GONNA OPEN THE TRADE AFTER PRICE WICKS THROUGH THE OB and then comes back UP INTO THE INEFFICIENCY, I WILL OPEN THE TRADE AT 50% OF THE INEFFICIENCY.