Sterlina / DollaroShort
GU short #1 of day. HTF bullish?
[TRADED POSSIBLY AGAINST HTF BULLISH TREND, since Daily/H4 broke bullish structure! BEWARE]
HTF POI = M30/M15 refined IOB, which created clear imbalance and shows institutional participation.
Entry = M1, waited for 2 BOS and traded clearest ob created by 2nd BOS.
Stoploss = 3 Pips
(Entry type 2 = Liquidity grab, with 2 BOS following afterwards)
Sell limit set at open of LTF OB!
Trailed Stop Loss to last Ob that broke structure... price moving against it would invalidate my trade. no need to get greedy.
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REFLECTION
HTF POI = M30/M15 refined IOB, which created clear imbalance and shows institutional participation.
Entry = M1, waited for 2 BOS and traded clearest ob created by 2nd BOS.
Stoploss = 3 Pips
(Entry type 2 = Liquidity grab, with 2 BOS following afterwards)
Sell limit set at open of LTF OB!
Trailed Stop Loss to last Ob that broke structure... price moving against it would invalidate my trade. no need to get greedy.
----------
REFLECTION
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