Type
Live
Date
June 28, 2022
Pair
#gbpaud
TP1
3.3
TP2
0
Concepts
#Nested_Blocks#trendline#Liquidity
TRADE RESULT

BIAS & PAZ

SETUP

REVIEW

NOTES
Price started grinding higher on the 1H TF, forming a bit of a range. (You will also spot #divergence if you put on an oscillator) Price ran the liquidity at the top of the range before giving us a bearish impulse, forming an #orderblock inside the #breaker for #nested_blocks. We did not enter on the first pullback, since we need at least 2 waves to enter, but on the 2nd we got our entry. We had bigger targets on this one and took half profits at TP1 before moving our SL and letting the rest run. Our 2nd position stopped out BE before price traded to the lower trendline. Market doesn't always behave exactly as we want.