UJ respected the overshot area, showing signs of price exhaustion. Respected on the 15min at the LQP. Looking for price to come back to the LQP level for the retest to short. Also left liquidity on the first test of the LQP. First target would be WL, then half level. Looking to see if price is around there during London or New York Session. Price & Time
Trade closed: target reached
Played out pretty close to what I expected. Came back to retest LQP and got rejected. This is aligning with price rejecting off overshot level and showing signs of exhaustion. Equal highs got cleared at LQP. And finally price came back to LQP for retest and got rejected. Hit FIRST target at the WL and also hit the SECOND very cleanly. Document, rinse and repeat
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.