Sept 13 2023 Sell trade USDCAD
Updated
IF you look at daily TF---> you can see a supply being mitigated.
Go down to lower Tf like 1H and you can clearly see a shift in market structure validated by HTF supply.
I waited for supply to introduced in lower time frame to have an entry.
15 min is my favorite spot to have better Risk to Reward Ratio.
As you can see there is bearish market structure. I wait for my IC to have a valid move and after it , enter at mitigation.
RR: Aiming for 1:9 let us see if I can catch it.
wyckoff distribution in action.
Go down to lower Tf like 1H and you can clearly see a shift in market structure validated by HTF supply.
I waited for supply to introduced in lower time frame to have an entry.
15 min is my favorite spot to have better Risk to Reward Ratio.
As you can see there is bearish market structure. I wait for my IC to have a valid move and after it , enter at mitigation.
RR: Aiming for 1:9 let us see if I can catch it.
wyckoff distribution in action.
Note
TP HIT : 1:9 :)
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