Redistribution for the continuation play to the downside. Found a institutional candle that needs mitigation within the LPSY that formed during NY Session which holds significance from my recent backtesting. Found a few full volume candles at my POI on different timeframes which shows correlation and confluence. Measured the 50% & 80% as these two percentages are levels where market likes to react from based on backtesting. Have set sell limit at 80% of the 5M candle and SL just above the high of the particular candle of 3.5 pips.
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