Disliked{quote} ok nice play. what is your expectation? where is price likely to reverseIgnored
Entry: Had to take a sub par entry because of the close barriers to Kill zone. waited for confirmation that price did't want to go higher./
Expectations: Even though I would like to get a 38.6 retracement of the whole swing. For now I only expect price to descend to the next area of structure. I'll place B/E at that point then guage reaction. If price settles in that area I'll probably choke up my stops.
If it approaches with strength I expect it to fail. I'm against todays order flow. expecially after price cleared the last peak in long term order flow. But the trend in the big picture is down.
EURAUD 3 min
http://icmarkets.ctrader.com/images/screens/XGFwn.png
Big Picture
http://icmarkets.ctrader.com/images/screens/KGFwn.png