US100 Many have also missed the fact that we have pumped away from last WEEKS high…which IMO means that the overall target is Last Months High…Personally, I don’t think we will get to ATH in this wave…that’s not my point…my point is shorting into a weekly bullish wave is riskier because of higher likelihood of broken structures on the micro TFs.
Even scalping in either direction is likely to be tricker due to the same risk….I’m not saying don’t short or don’t scalp, I’m saying you need to be more disciplined and selective than usual to make up for the higher risk.