Flow Assessment
- The bigger flow is towards buyers in the daily, but price is reacting of a historical seller’s area on H4
Location Assessment
- The buyers on M15 have reached the historical H4 seller’s area and are showing reactions
- This suggests that a fresher buy price may be needed to resume the daily flow, which explains the TP placement
Momentum Assessment
- The M15 buyers look strong, but they are unable to clear the H4 seller area. Price showed some signs of rejections, giving the entry trigger
Entry Price – Sell 1.94995
Stop Loss – 1.95755
Take Profit – 1.94145
Risk to Reward – 1:1.12
Profit & Loss Per Standard Lot = -$504/ +$564
Profit & Loss Per Micro Lot = -$50.4/ +$56.4
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