📝 Short scalp with SMC zone - trade idea
In this setup, a quick short scalp was realised based on a prominent SMC supply zone. After an impulsive sell-off, the price returned to an unmitigated supply zone, indicating a possible reaction of institutional orders.
As soon as the price entered the zone and showed signs of weakness (e.g. wicks, smaller candles, BOS at lower TF), the entry was made. The stop loss was set just above the zone, the target was at the next liquidity accumulation or the last break-of-structure low.
pinexcapital.com
In this setup, a quick short scalp was realised based on a prominent SMC supply zone. After an impulsive sell-off, the price returned to an unmitigated supply zone, indicating a possible reaction of institutional orders.
As soon as the price entered the zone and showed signs of weakness (e.g. wicks, smaller candles, BOS at lower TF), the entry was made. The stop loss was set just above the zone, the target was at the next liquidity accumulation or the last break-of-structure low.
pinexcapital.com
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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.