Base on the market structure in the smaller timeframe. We can see a potential CHOCH in the 30 minute timeframe. This allows me to understand that there is a potential chance for the price to change its direction. I will be looking for a position to leverage my short position.
Order cancelled
Price did not manage to pullback into our designated area therefore, I am pulling myself out of this trade for the time being
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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.