This idea is based on a regular gap structure.
And the stop is a hard stop.
I expect a final liquidity run to make sweat trapped shorters a little bit more, and possibly fill the gap at least to green box. Green box may be a good area to flip to long, but we'll see.
I'll close the position if I see an hourly close above entry.
Trade only your own ideas and manage your risk =)
Thanks
And the stop is a hard stop.
I expect a final liquidity run to make sweat trapped shorters a little bit more, and possibly fill the gap at least to green box. Green box may be a good area to flip to long, but we'll see.
I'll close the position if I see an hourly close above entry.
Trade only your own ideas and manage your risk =)
Thanks
Trade active:
We might not see that stop run, so its active with 0.5R now :
Comment:
I'll keep my hard stop, but wiill try to close& flip to long it in dark green box :
Comment:
sorry but I'm not driving the price, just sharing my opinions. i flipped to long at breakaven, but again, It doesnt look good, so I changed my position to short again.
Comment:
here's the new chart :
Comment:
after a series of wild moves, here we're. I don't think the low of the week is in yet :
Trade closed manually:
and just a candle later =) :
ok, I give up for this one. next trade.
ok, I give up for this one. next trade.