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Daily High-Low
Daily High-Low
We shall be looking for reversals within the previous day high and low. The same concepts as SMC
shall be applied by looking for break of structure and correction back into the order block. This can
only be traded on 15min and 5 min time frame to give a satisfactory Risk to reward
The same concept can be applied to weekly and monthly time frames, however it will take a long
time for the trade to develop
USDCHF 5 min:
Chart above pretty much self-explanatory, BOS from the last day high with correctional phase back
into the order block with pending sell limit set, stop loss above high
EURJPY 15 min:
EURUSD 5 MIN: