As previously forecast mid last week, we got a perfect 5 and 15 min power range play entry during london session on friday.
the target for this trade was the low of the asian sessions, however if it was not the end of the trading week then i would have help some of the position down to the lows of the 4hr range as we had a 70% chance this was going to get hit.
This is the same entry you have seen us take previously.
This short bias was forecast at the start of the last week, with the 4hr range forecasted mid week and the entry executed on friday.
watch the previous video and look at the previous forecast to get an understanding of why i executed this posiition.
Any questions, leave a comment below and i will be happy to help.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.