I got an Intraday short/sell trade opportunity here with two potential bearish setup of TCT and APF. Looking more to the APF setup as max TP could give me a good 1:3 RRR. Good luck!
Abbreviations / Keywords:
LTF - Lower Time Frame HTF - Higher Time Frame TF - Time Frame TRS - Trend Reversal Strategy CRT - Counter-Retail Technique / Break-out APF - Advance Pattern Formation W4C - Waiting for Confirmation SL - Stop loss TP - Target Profit POR - Point of Ruin
Risk Disclaimer: This is not a trade signal hence we'll not be held responsible for any losses that will occur in your account during trading. You and you alone are responsible for deciding if you are comfortable accepting the potential risk involved in trading. So trade at your own risk and do not invest money you cannot afford to lose.
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On the M5...
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TP 1 hit on the setup that we are looking for to short/sell the market.