EURUSD - Intraday Missed Trade

19 thg 9, 2020

TRADE IDEA 💡- Buy the reversal off daily level 1.175

15M TRADE SETUP ⚙️ - Bear Wedge (structure), inverse H&S (reversal pattern)

- Small liquidity spike during U.S session sparked a bear trend towards daily level.
- Bear wedge formed during asian session with 3 drives to downside completing the structure
- Priced spiked into the 1.175 level but couldn't close below indicating a reversal could be possible.
- Price broke higher, breaking the wedge structure.
- Inverse H&S formed 1st buy limit entry option at spike low (retest) pre-London session
- 2nd entry buy stop option at pivot close pre-London session