Looking for something like this on US 30. Tight stops for now siting around 38025 and targeting the sellside at 37970.
Will tape read along the way as I am expecting a possible last run of the highs before sending lower IF we do.
Entry 380002.90
TP 37970
SL 38025
IF we start breaking above 38010 and holding I will look to reduce the position size on my trade.
Clean break of the highs invalidates our trade.
High risk trade considering the current pa but willing to give it a shot and see how we play out from here.
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.
Will tape read along the way as I am expecting a possible last run of the highs before sending lower IF we do.
Entry 380002.90
TP 37970
SL 38025
IF we start breaking above 38010 and holding I will look to reduce the position size on my trade.
Clean break of the highs invalidates our trade.
High risk trade considering the current pa but willing to give it a shot and see how we play out from here.
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.