*Here we have a possible break of the daily zone.
*We are waiting for a pullback that comes from the key price level @ 15500.
*Stop loss is tight under Mondays low expecting this to be the low of the week
*If trade is missed, look for entries on the 1hr and 15m timeframes
Trade active
Entry has been triggeredNote
Impact News This WeekWed: Core CPI
Thu: Core PPI m/m
Retail Sales m/m
Unemployment Claims
Fri: Empire State Manufacturing Index
Industrial Production m/m
Prelim UoM Consumer Sentiment
Trade closed: stop reached
Trade active
Due to news we were stopped out. Overall, I was able to take buy setups on the 5 minute and 15 min time frames and scale back in to the trade.
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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.