- The Weekly chart indicating a downtrend
- There was a presence of a false breakout price action named Inverted hammers on weekly charts
- The Daily Charts reflecting a presence of order blocks signified a accumulation of short position is undergoing.
- I decided to place entry at the last weekly candle's HIGH as my liquidity area.
- The rest are as labelled
- This is meant for Swing/position trading - might take some time
- less headache
- I am a revert position-trader, from the sin of Scalping.
- There was a presence of a false breakout price action named Inverted hammers on weekly charts
- The Daily Charts reflecting a presence of order blocks signified a accumulation of short position is undergoing.
- I decided to place entry at the last weekly candle's HIGH as my liquidity area.
- The rest are as labelled
- This is meant for Swing/position trading - might take some time
- less headache
- I am a revert position-trader, from the sin of Scalping.
Trade active
Trade closed manually
trade was active earlier than the date marked, closed the position early with 4:1 Rewards to Risk Ratio. 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.