Hello traders as you can see we had a change of character yesterday with the impulsive move to the downside showing bearish momentum.
I've highlighted the area with the bearish order block on the 30min timeframe to go short.
The equal lows that have been formed will be the clear target as there is liquidity resting under those lows for a 1:3 RR.
Wait for confirmation entries at 5min - 3min timeframes for your execution.
Like and comment if you have found this useful. :)
Have a great day
I've highlighted the area with the bearish order block on the 30min timeframe to go short.
The equal lows that have been formed will be the clear target as there is liquidity resting under those lows for a 1:3 RR.
Wait for confirmation entries at 5min - 3min timeframes for your execution.
Like and comment if you have found this useful. :)
Have a great day
Note
Take profit smashed :)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.