Aiming for eql's and htf mmsm accum.
PA created the ITH inside the 1hour fvg.
+(filled the liquidity void from the rally up)
+smt in relation between silver and gold.
+silver made a lower high while gold made a higher high
+HTF FILLED FVG (made htf ITH)
double formed around a minor qp - 134.(500)
with a major qp right above , and also stop loss from the double top
i drew my fib from the neckline to the right shoulder of the DT , and looked for a entry around the 61.80% fib level
1hr- there was 3 wick touches on the 61.80% overall . the third could've been scaled down into the 15m n below
for a tighter stop...
TIME ZONE : LONDON
RISK/REWARD -1/ 2.6
98PIPS+
TRADE WAS FIRST SEEN ON 30M CHART
SCALED DOWN FOR AN ENTRY ON THE 5 MIN
DIVERGANCE PATTERN OVERALL WAS BULLISH - TREND WAS BEARISH
5M CHART HAD A DIVERGANCE PATTERN BULLISH - TREND WAS BEARISH . BELOW RESISTNACE .
ADX CROSS ON 5M IN ENTRY ZONE .
78.60FIB ENTRY
