Liquidity

Liquidity

We've got a few confluence factors for a short set up here.. Beautiful pin bar off an obvious S/R area, huge psych level of 50.00, stoch overbought. Entry on a break of the pin bar around 48.60. SL at 51.05 - above proxy high and 50.00. TP near S/R area at 40.50. Will be cautious at the 45.00 level too. Potential return of ~3.3R