A trend is confirmed and it is very likely that we gonna see some deeper levels here.
You can take two-approach.
Early short with a bigger risk or wait for the best liquidity area that is in early Shorts Stop Loss Level.
My personal strategy is to wait until we have had some clear indicator that a supply overpowering demand (Wyckoff).
These indicators we can find...
Hello to everyone,here is my perspective on the current situation.
I really want to see some good relief rally in to upper zone,it could be a low risk short trade and that mean you can open a really big position.
This kinda analysis is telling you my view on the support and resistance zones,but you must learn how to manage your trades.That is the number one reason...
Hello, the idea behind this trade is that we buy in the best liquidity are where we can expect some buyers to come in.
3.6% Risk in this area is a good deal.
Good risk management is 80% of your profits, so do your math!
If you have any questions or thoughts feel free to share it in the comment section.
Have a nice a profitable day :)