Risky trade as this goes against Monthly/Weekly HTF, but this is one of the patterns that I trade from so looking to sell to buy (Smart money concepts). I will be placing an alarm near the Entry and will only risk 1% max on this but if it pulls off I can increase my account by 5%.
Price is starting to come back to our POI, i will publish another post.
samwishrn
⋅
I believe this trade is now invalid as price has pushed down and taken those lows and I would not be looking to take this trade even if it turns around. Onto the next.
samwishrn
⋅
Hopefully price can turn around and head towards my POI, could develop over the next few days.
samwishrn
⋅
Overnight price has slammed down taking these LOWS, i will monitor this trade for London OPEN!
samwishrn
⋅
Spread would keep me out of this trade for now even if it enters near my entry point, hopefully it will range through ASIAN session.