This is a potential set up I see for this upcoming week.
I marked this up on Saturday 05/22/2021.
Before pulling the trigger on this trade I will see how the market opens. For now, this is something that has my interest.
Message me on IG @ Brendaabrendaa for more clarity on my mark up!
Confirmations -
1:10 RR
Top down analysis
Clean bullish environment - playing the re-entry based off the IC candle & 50% of wick
Extra confirmation on 5 minute time frame, I see imbalance and liquidity near my entry point.
1. UTAD is forming
2. Money (equal highs to be taken out)
3. Institutional move from the downside. (last down candle filling the imbalance to take the sell)
4. Structure is bearish on the 1H
