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thechrisjuliano
Aug 16, 2023 2:28 PM

Bull Trap Short

E-mini S&P 500 Futures (Sep 2023)CME

Description

4h and 60 min charts are in a down trend. Supply zone is fresh and is inside of the 4 hour TrendCloud. Keeps hitting the supply zone on the 1 hour TrendCloud but we are cycling up on the 4 hr and we need to respect the corrective move and that higher timeframe. Therefore I am setting up the supply zone that has a 4 hr TrendCloud within it.
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