ManuelEK
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9Ideas
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0Joined Feb 26, 2018
audusd
audusdlong
forex
forexsignals
forextrading
fx
gbpusd
marketstructure
trendanalysis
usdchf
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I am just following structure as my title said. Price has made a HH on the H1 tf and currently price is forming a HL, my only duty as a trader is to buy the HL and sell the LH.
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My arrow indicates that we just had a change in structure, currently market price is around the new LH region and I am looking to take a short order. But in case price closes above the LH, I would wait for a pullback to buy.
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I took a long position on this pair based on market retesting its previous HH structure and I also see a little weakness in DXY since it is retracing after making its HH, this can power this trade up since the DXY influences this pair.
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