LONG position
I based my entry off of two things:
1. Tuesday's PRE-LONDON low
2. H1 BULLISH O.BLOCK
-once price got near the pre-london low i went down to see how price was forming
-->i saw a strong rejection off the order block i waited for the 15M to close above the two confluences
-i then watched price rally and break ceilings so i looked for an entry opportunity
-->off the M1 i saw two things that made me want to enter
1. a QM with a strong bullish engulfing that broke my first initial ceiling
2. a B.R.FT to the upside
total R:R = 1:5.46
-> partialed out and brought stops to BE once i crossed the HY HIGH
--> i then let my runner hit TP before price melted down
1. Tuesday's PRE-LONDON low
2. H1 BULLISH O.BLOCK
-once price got near the pre-london low i went down to see how price was forming
-->i saw a strong rejection off the order block i waited for the 15M to close above the two confluences
-i then watched price rally and break ceilings so i looked for an entry opportunity
-->off the M1 i saw two things that made me want to enter
1. a QM with a strong bullish engulfing that broke my first initial ceiling
2. a B.R.FT to the upside
total R:R = 1:5.46
-> partialed out and brought stops to BE once i crossed the HY HIGH
--> i then let my runner hit TP before price melted down
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