EURUSD has been in a downtrend tendency, so we have to look mostly for sell, i had this entry with only 5 pips of SL, having almost 1/4 RR, personally i believe the trade is going a little more down but lets see. cuase it may react in a tetris in 5min, and it is positioned in a OB in macro
It is not possible to show the whole and more clearly diagram since it was done in M3, but here the price is in a very high liquidity zone in H4, so we look in micro for wyckoff structures. The entry was taken in back up to creek, just right after when there was BOS.
This is one of the longest and highest R/R trades I have had so far.
This is a example of how I trade a full impulse in a downtrend. My mistake with the SL was due to the wrong entry price, I should've waited for the correct OB (order block), since those are important OTES for the "whales" in the market. Also, it follows the normal fases in the wyckoff method, after acumulation, it comes the markdown of the market movement.
Here there is another wyckoff method in which I got the entry on London session, the test of the spring was quick, that is I took the entry on M1, almost got my SL, but it stopped in the 1m OB. This whole diagram was in a liquidity zone in H4.
This is what I expect for EURUSD based on Wyckoff method, I may say that the the spring was already done in NY time, since the price is a liquidity zone in macro, so the price may go up to capitalize and then continue with its tendency, these are trades with very low SLs in order to have a very good R/R
The downtrend macro has its reversal in H4, which forms a kind wyckoff diagram, the back of the creek was taken, then there is a possible reaction in 3Om, with a tetris OB form. total 1/8 % of the account, one in London session and the other in New York.