AUDCHF 30 Min Short Idea (Risk Reward Ratio = 4)
A retracement back into the bearish breaker!
I've placed a limit order at the 0.5 level of the bearish order block.
Target = middle of the consolidation range visible on Daily! (Actually I will exit a bit earlier than that)
My ideas are based on ICT concepts.
Still studying, learning and practicing.
Please share your opinions/comments.
Good trading!
I've placed a limit order at the 0.5 level of the bearish order block.
Target = middle of the consolidation range visible on Daily! (Actually I will exit a bit earlier than that)
My ideas are based on ICT concepts.
Still studying, learning and practicing.
Please share your opinions/comments.
Good trading!
Comment:
It did not hit my limit order but the breaker seems to be doing its job. I will keep an eye on the bullish candle that formed at 15:00 (UTC+3) (the green 30 min candle which dipped into the bearish breaker) and maybe use it an entry point (it being a bearish order block)!
Trade closed: stop reached