on this pair you can see we have a 1 day hammer below market now 1d hammer break and retestes can provide clean trades, we also have an inside bar on the daily now these candles have a pretty high failure rate so i usually go agains them.
my trade idea for today is to see if price can get into the hammer high and the ill be looking to buy it up to the inside bar high or the level above market (liquidity zone) as i feel that price will test this area to grab some liquidty for a bigger move
my trade idea for today is to see if price can get into the hammer high and the ill be looking to buy it up to the inside bar high or the level above market (liquidity zone) as i feel that price will test this area to grab some liquidty for a bigger move
Trade closed: target reached