Good day guys!
another great trade ( pending sell limit activated last Wednesday) march 6
I started checking this pair because of USD CAD daily TF
It is in area of distribution ( supply) ---> I manage to go down from 4H to 1H so I can see fluctuations and introducing new areas of supply in smaller timeframe. It took me 3 hrs to wait for proof and validity 1.35465 move lower (can be seen in 1H -15min TF)
after this I set pending sell limit in my mt4. Aiming for 1:7 RR :)
This was a perfect example of powerful supply (check daily to 4H TF)
#wyckoffdistribution
another great trade ( pending sell limit activated last Wednesday) march 6
I started checking this pair because of USD CAD daily TF
It is in area of distribution ( supply) ---> I manage to go down from 4H to 1H so I can see fluctuations and introducing new areas of supply in smaller timeframe. It took me 3 hrs to wait for proof and validity 1.35465 move lower (can be seen in 1H -15min TF)
after this I set pending sell limit in my mt4. Aiming for 1:7 RR :)
This was a perfect example of powerful supply (check daily to 4H TF)
#wyckoffdistribution