You might grab 30-40 pips on a london close sell scalp. This a trade on 5 min chart where divergence has come in. Very small room for risk.
Note
I tried to post a 5 minute example of where I entered and where I took profit but they don't let you post 5 min charts. I only took about 10 pips and broke even on second entry. It could create some structure here and still be a nicer sell but you have to have a strategy, and understand the major high it is so close to..... It can come down from this 90% and make a flat pattern but I wouldn't risk trying to go for that (trading a top!), but you may get that further sell here if you try. I'm moving on. The real trade was the beautiful buy setup it made in early-mid london on 1hr.
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.