HTF BIAS is Bullish,i have identified a POI BC on the 2HR TF that has taken liquidity and price has expanded up and created some equal highs. I have spotted some IMBALANCE (IPA) above my POI and my FIB (killzone) is around my POI. I see no reason for price to break to the downside and stop me out. I have set an ALARM only near my POI and if price FLAGS down nicely to my POI i will look to enter this trade risking 1% at RR 1:5 making a 5% growth of my account for the week.
Thoughts?
Thoughts?