I planned to open buy positions near the lower border of the H1 range (30K).
But since the imbalance formed a reversal pattern, he took advantage of the situation offered by the market. By the way, at the moment a short situation is brewing in the market.
input: 30435 (input on imbalance test)
stop: 30175
tp-1: 30697
tp-2: 31221
But since the imbalance formed a reversal pattern, he took advantage of the situation offered by the market. By the way, at the moment a short situation is brewing in the market.
- The price was below the market opening. (✔️)
- The price was below the level of the First Buyer of exchange options. (✔️)
- The price was at the lower boundary of the H1 range. (✔️)
- M15 imbalance. (✔️)
- Second target above H1 range (⚠️)
input: 30435 (input on imbalance test)
stop: 30175
tp-1: 30697
tp-2: 31221
Comment:
The market did not give an entry point for selling, and the price went to the main resistance of 30K, where we will wait for the formation of a buy entry point.
Trade closed: target reached:
tp-1✅
tp-2✅
tp-2✅