USDCAD sept 27 2023 sell
As you can see, there is a shift in market structure 1H TF.
Before going further, there is also same scenario if you checked daily TF---> BOS and then going lower.
I waited for the level highlighted with institutional candle due to the fact that it sponsored the price to go lower. Upon checking I also see BOS following validity structure :)
After that I go to lower timeframe 15min ( where I would normally enter).
RR: 1:10
wyckoff distribution with validity/evidence.
You can also check the chart for more information.
Happy learning!
Before going further, there is also same scenario if you checked daily TF---> BOS and then going lower.
I waited for the level highlighted with institutional candle due to the fact that it sponsored the price to go lower. Upon checking I also see BOS following validity structure :)
After that I go to lower timeframe 15min ( where I would normally enter).
RR: 1:10
wyckoff distribution with validity/evidence.
You can also check the chart for more information.
Happy learning!
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