[3] - OPTIMAL TRADE ENTRY

Nov 9, 2023

Recap on previous day :

1. Price successfully to the break previous low
   
2. Price Break the low of 24 Oct
   
3. Price forming Lower High & Lower Low
   

Current situation giving me a bearish bias.

Idea :

1. Accumulation on Asia session
   
2. Create high of the day in London session
   
3. Price start distributing in London Closing / New York session
   

Nov 9, 2023

Trade active

Price enter the OTE area

Nov 10, 2023

Note

There is rejection when price try to break the Wednesday opening price.
I am Expecting the price back to the area of 100% Fibonacci.

Nov 10, 2023

Note

Price hit the previous low, MONITOR THE PRICE MOVEMENT !

Nov 10, 2023

Trade closed: target reached