CL1! Potential short
Updated
HTF - Bearish
LTF is accumulating liquidity
if price backtests OB- ( the lower supply zone )
(As long as it does not break through the 12/20 upper wick, the supply zone is still valid, and if it breaks through, it may backtest the upper supply zone)
If there is a short selling signal appearing within OB- (lower one), can consider placing order.
Entry ragne, SL, TP are given on the chart, adjust to fit yourself, above is just a reference
All are personal opinion, not investment advice.
LTF is accumulating liquidity
if price backtests OB- ( the lower supply zone )
(As long as it does not break through the 12/20 upper wick, the supply zone is still valid, and if it breaks through, it may backtest the upper supply zone)
If there is a short selling signal appearing within OB- (lower one), can consider placing order.
Entry ragne, SL, TP are given on the chart, adjust to fit yourself, above is just a reference
All are personal opinion, not investment advice.
Trade active
18:30 (UT +8 ) M5 evening star confirmedNote
bearish momentum is weaker than I expectedAdjust SL below entry price to protect profit
if price reachs 75.4 (RR 1:1.6) can take some TP
Note
75.4 reachedTrade closed: target reached
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