This would be for a right shoulder to be created after a left shoulder and head have already been created. I believe the trend is bearish, but if price decided to go down back to sweep the liquidity of the initial mitigation, I'd look for a little entry for a long and then a complete sell off, which could be a huge bearish move to the downside and the next sideways range on the HTF 4H. This is a new strategy I have been trying to master and get better at. Been enjoying it so far :)
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Tapped in perfectly for the long :)
Comment:
Tapped in for the short