This idea is based on a regular gap structure.
And the stop is a hard stop.
I expect a final liquidity run to make sweat trapped shorters a little bit more, and possibly fill the gap at least to green box. Green box may be a good area to flip to long, but we'll see.
I'll close the position if I see an hourly close above entry.
Trade only your own ideas and manage your risk =)
Thanks
And the stop is a hard stop.
I expect a final liquidity run to make sweat trapped shorters a little bit more, and possibly fill the gap at least to green box. Green box may be a good area to flip to long, but we'll see.
I'll close the position if I see an hourly close above entry.
Trade only your own ideas and manage your risk =)
Thanks
Trade active
We might not see that stop run, so its active with 0.5R now : Note
I'll keep my hard stop, but wiill try to close& flip to long it in dark green box : Note
sorry but I'm not driving the price, just sharing my opinions. i flipped to long at breakaven, but again, It doesnt look good, so I changed my position to short again. Note
here's the new chart : Note
after a series of wild moves, here we're. I don't think the low of the week is in yet : Trade closed manually
and just a candle later =) : ok, I give up for this one. next trade.
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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.