YM CPI 4 Hour CPI Swing Trade Idea 700 ticksThe 21ema on the 4 hour is flat
Price is pulling back into the flat 21ema
Look for a bullish surge off of the flat 21ema
Can be aggressive and enter short on the close of the CPI 4 hour bar at 10am EST with the expectation of no follow through
Can be conservative with a sell limit at the 50% mark of the bull surge bar. Targeting the demand candle of January 25th
Price level: 38,200
160 tick stop
700 tick target
Estimated holding time 6-8 days