Market gap provided a nice opportunity for short position with a tight SL
Comment:
Price tapped region of previous wick high, has now returned to pivot, anticipating short
Comment:
Price has rejected the pivot point, and we are currently running 30 pips as we fill the gap.
Stops have been placed at entry - making this a risk free trade to swing short.
This is important as there is a possibility that price will reverse from the green zone to form an inverse H&S
Stops have been placed at entry - making this a risk free trade to swing short.
This is important as there is a possibility that price will reverse from the green zone to form an inverse H&S
Trade closed manually