Good afternoon ladies & gents,
After reacting off our H1 Bullish Orderblock based on my previous idea, we are now seeing another entry with a super high risk to reward possible to stack on top of the first idea.
I'm looking for a long position off the same H1 Bullish Orderblock overlayed with the M30 Bullish Orderblock.
I anticipate price to clear the highs at 1.22630. If it clears that objective, it's likely that we'll see price trade through the line labelled BSL (Buy-Side Liquidity) followed by it continuing up to the D1 Bearish Orderblock situated slightly below the Monthly Highs.
Let's see how price performs.
On the flipside, we can see DXY giving us a mirror image. It reacted nicely off the H4 Bearish Orderblock, and the price point of 89.196 is the next draw on liquidity, thus supporting a bullish fibre.
Let's see how this runs!
After reacting off our H1 Bullish Orderblock based on my previous idea, we are now seeing another entry with a super high risk to reward possible to stack on top of the first idea.
I'm looking for a long position off the same H1 Bullish Orderblock overlayed with the M30 Bullish Orderblock.
I anticipate price to clear the highs at 1.22630. If it clears that objective, it's likely that we'll see price trade through the line labelled BSL (Buy-Side Liquidity) followed by it continuing up to the D1 Bearish Orderblock situated slightly below the Monthly Highs.
Let's see how price performs.
On the flipside, we can see DXY giving us a mirror image. It reacted nicely off the H4 Bearish Orderblock, and the price point of 89.196 is the next draw on liquidity, thus supporting a bullish fibre.
Let's see how this runs!
Trade closed: stop reached:
SL Hit, -1%
