- Short limit order was made after a failed breakout and formation of orderblock at the nearest Monthly HIGH .
- weekly price action showed a better imagery of the failed breakout.
- Trade is contrarian in nature.
- Holding period will be 3 days to 10 days, swing.
- The failed breakout indicates exhaustion in buying interest.
- the placement of limit order for sell at the highest price within the order blocks was made here at night time in the Peninsular.
- Leaving a greatly vague explanation here for my viewers, for that I apologize.
- Price is ripe for a correction to compensate for the FVG price imbalanced, which we are planning to capitalize and place our short limit entry.
- the target is the closest weekly liquidity pools.
- and the wait begins
- weekly price action showed a better imagery of the failed breakout.
- Trade is contrarian in nature.
- Holding period will be 3 days to 10 days, swing.
- The failed breakout indicates exhaustion in buying interest.
- the placement of limit order for sell at the highest price within the order blocks was made here at night time in the Peninsular.
- Leaving a greatly vague explanation here for my viewers, for that I apologize.
- Price is ripe for a correction to compensate for the FVG price imbalanced, which we are planning to capitalize and place our short limit entry.
- the target is the closest weekly liquidity pools.
- and the wait begins
Order cancelled
- The trade order limit is closed - I have a change in bias.
- A reassessment is needed.
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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.