16/5/2023 CHFJPY CURRENT MAPPING

1) HTF Structure still on bullish mode
2) TF H4 constructing a inducement trap (complete) for retail trader to entry market
3) Im waiting for sell position (152.71) above snr level due to liquidity grab (Fake HH)
4) Price may drive into deep retracement due to liquidty grab
5) Real Bullish structure retest on 149.6 level

HAPPY TRADING AND STAY PROFIT ;)

Order cancelled:

1) price action shows that there no liquidity grab (slow price action after breaking inducement)
2) trading plang to sell is cancel.. or just wait for other inducement to happend

Comment:

1) Price reach target sell zone
2) clear incducement on 152.54 level (Confluence 1)
3) waiting for rejection close candle on h1 for sell entry (Confluence 2)

Trade active:

1) Im opening sell position
2) price action has give me a rejection candle on the zone

Trade closed: stop reached:

1) Price already reject on m15
2) not in time to set sl to break even
3) Price Hit SL