Our team and our private mentor students at Lamda captured this beautiful day trade on the GBPUSD with a 1:35 RR with lowest risk and high reward. As price created a new bullish structure, our eye was on the extreme M15 orderblock that we were looking to go in at. Price took the EL on M15 which induced all the retailers as well as dumb SMC to short thus resulting in liquidity generation. Market then tapped on extreme unmitigated orderblock and our entry was defined after confirmation of candle that were formed ahead. Our target was the daily EL since the market on daily was still bearish and EL act as a liquidity point for the interbanks where it could potentially look for shift in the momentum direction.
In depth Analysis of this trade will be uploaded on YT soon. Our team is working on that. Till that time...
Happy Trading!!!
-Lamda
In depth Analysis of this trade will be uploaded on YT soon. Our team is working on that. Till that time...
Happy Trading!!!
-Lamda