Taken a short scalp on US 30. Entered at 38500 targeting the 1min OB (red line)
Entry 38500
TP 38455
SL 38523
Looking to see how we react from the 15min FVG (blue box).
IF we fail to break above the highs expect us to continue lower and hunt the daily sellside liquidity
IF we hold the current highs expect the FVG to act as an inverted FVG and send prices higher towards 38640
PLAN....BE PATIENT AND EXECUTE. LET THE MARKET SHOW YOU ITS HAND AND FOLLOW IT.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
Entry 38500
TP 38455
SL 38523
Looking to see how we react from the 15min FVG (blue box).
IF we fail to break above the highs expect us to continue lower and hunt the daily sellside liquidity
IF we hold the current highs expect the FVG to act as an inverted FVG and send prices higher towards 38640
PLAN....BE PATIENT AND EXECUTE. LET THE MARKET SHOW YOU ITS HAND AND FOLLOW IT.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.