EURUSD Trade Review 2/20
Risk: -1%
Return: +10.55%
Macro: h4 Lq poi (Sweep, mitigation, bos)
Micro: m15 entry
EURUSD provided a sell solid sell opportunity. Price created an h4 LQ poi when we had a mitigation of supply, sweep of lq above a wick high, as well as a bos to the downside.
We also have inducement in the form of a swing high resting right below the H4 poi.
Macro poi shown here: https://www.tradingview.com/x/wYK5VXZo/
Our entry take place on the m15 timeframe after we see a sweep of lq, change of character, and supply and demand flip.
Entry on our micro timeframe is shown here: https://www.tradingview.com/x/qgJ82axf/
SL: 8 pips (m15 micro entry Timeframe)
TP: 84.4 pips (h4 macro weak structure)