HTF Bias is bearish, Price has expanded and is now pulling back. This has aligned with HTF structure and the expansion has created a LL, My POI candle has taken liquidity and my FIB aligns nicely with my POI. No IPA/Imbalance around my POI is worrying me, I don't normally trade at this time of night but this is DEMO trade No 2.
As long as price flags nicely to my POI I will set a Sell limit on this at RR 1:5 risking 2% which would increase my account by 10%.
Plan your trade, Trade your plan.
Thoughts?
As long as price flags nicely to my POI I will set a Sell limit on this at RR 1:5 risking 2% which would increase my account by 10%.
Plan your trade, Trade your plan.
Thoughts?