The price is on a qualified demand zone and you can get a buy orders with middle risk for position size.
The SL and TP showed on the chart.
Do risk free and then Trailing stop.
Its time to get buy step by step on the pair.
Banks are collecting the pair by #Order_Blocks and did their manipulation.
This is a personal idea based on my experiences and the trad responsibility is yours.
GoodLuck!
Set a middle risk lot size sell limit under the lower edge of the zone.
you can see the SL and TP Price level in the chart.
Do RiskFree and then TrailingStop.
GoodLuck!
Hi there!
I showed two Zone on the oil chart.
Set Order limits on the hedge of the zones and set your stop loss on the other hedge as I draw r:r rectangle.
Do risk free and then set trailing stop.
This is just looking back at an interesting set up that occurred in USDCAD earlier in the month. This is what I call the balance tipping to the sell side.
Hope you find it as interesting as a did. Thanks for stopping in.
I showed a possible poweful demand zone on the chart of AUDCHF.
Set a buylimit on the top of the zone and wait for price to get back to the zone and
Do risk free and then set trailing stop.
