Type
Live
Date
April 26, 2021
Pair
#audcad
TP1
2.4
TP2
4.6
Concepts
#Order_Block#liquidity_run
TRADE RESULT
BIAS & PAZ / SETUP
NOTES
Here is a setup that was shared, however personally I just missed the entry, but sharing this as it was a textbook trade with execution a little off. On the 4H we traded back into the #order_block which came it at the 50% retrace of the move down, creating our PAZ. Dropping to the 1H we have the clear consolidation, before price spikes the #liquidity and drops lower in 3 waves, creating a RP04 for us, with entry coming in right on the #breaker and 61% #ote level. My personal target would've only been at 2.4R, but price dropped much lower. A trade for me to review and improve on.
AFTER
BEFORE