ICP out of steam under 6.65
Looks like 6.55ish is a decent short. 6.6 for tight sl, can go in super fat if it's really out of steam.
This may be a scalp but market bullishness is pretty much exhausted IMO especially after the PPI print, so I'm YOLO'd in 20x with a massive hunk of my account and a tight SL.
If it falls, whatever it's still just a couple points but upside can be pretty good.
Keep the risk management tight, don't be a loser.
Just wait a bit for it to confirm, enter a little tiny bit, check it holds under that 6.65 point. Put more in. Put more in as it falls. 6.65 is your cut point so just size it really fast and early to watch that area.
This may be a scalp but market bullishness is pretty much exhausted IMO especially after the PPI print, so I'm YOLO'd in 20x with a massive hunk of my account and a tight SL.
If it falls, whatever it's still just a couple points but upside can be pretty good.
Keep the risk management tight, don't be a loser.
Just wait a bit for it to confirm, enter a little tiny bit, check it holds under that 6.65 point. Put more in. Put more in as it falls. 6.65 is your cut point so just size it really fast and early to watch that area.
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.