090

TRADE RESULT

BIAS & PAZ

SETUP / EXECUTION

NOTES

This trade was a risky one, taken on the 5min TF. Price traded back into a previous level of resistance for a potential #sr_flip. This also came it at the 61% #fib_retracement for some confluence for our PAZ. On the 5min TF we can see price running some lows before consolidating and then running liquidity on both sides of the consolidation. The entry was manual after seeing the manipulation. Was only a small fast trade, but yielded 2.4R Price did however create a clean RP07 and execution could've been tighter, yielding a much higher reward ratio. However, not all execution is perfect.