Stopped on this unfortunately. Maybe I missed a HTF support but nasty spike this morning killed my trade.Tarri said:continuing the GBP short. SMT divergence this morning and OTE from yesterday high to Asia low.
bit early to tell but could be makings of a nice down day. Still in the short from yesterday. Let's see
sqa said:There is, however, that high at 1.6845 that's looking quite juicy for the dealers to nail for Stops, I imagine.
Although the move in GU surprised me a bit, it is explainable.Simr said:Excellent.... I saw the order block ...on the left... but it never struck me that there could be a stop raid....
And what a move after that...
Congrats on your analysis.... and a kick on my butt for not having thought of it...despite ICT talking abt it ALL THE TIME...
Hopiplaka said:Although the move in GU surprised me a bit, it is explainable.
See the order block and weekly indi dealer range line?
And see the reaction that happened after that (15 min ago)?
sqa said:If you can ignore the extra stuff on the Chart (this is my normal H1 Chart for Cable), that H4 Order block sits right on the 70.5% OTE.
Note where it hit before running off?