Price created some big buy orders around the 1.07907 mark and made some HL/HL. Price than broke to the downside and created a minor CHOCH while targeting the liquidity zones e.g stop loss placements for retail traders.
Price at around 1.08763 gave bullish momentum and broke structure to the upside which makes in a mini CHOCH.
Waiting for price to fill in the rest of the wick followed by another minor liquidity grab which is labelled up.
I hope this makes sense and let me know if you guys happen to find any entries and I will upload them on this hopefully.
Price at around 1.08763 gave bullish momentum and broke structure to the upside which makes in a mini CHOCH.
Waiting for price to fill in the rest of the wick followed by another minor liquidity grab which is labelled up.
I hope this makes sense and let me know if you guys happen to find any entries and I will upload them on this hopefully.