Taken a nice short scalp on US 100.
Entry 17279
TP 17225
SL 17327
IF we don't hold these current 1H lows I would expect further pa to the downside targeting the HTF sellside liquidity
IF we hold these current lows expect us to retraced towards 17350 and the buyside liquidity resting above.
Bear in mind the overall HTF from the daily and weekly perspective.
Will be tape reading the market for a little while but done trading for the day. Don't forget tomorrow is Friday so don't hesitate to take less positions, or reducing the size of your trades.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
Entry 17279
TP 17225
SL 17327
IF we don't hold these current 1H lows I would expect further pa to the downside targeting the HTF sellside liquidity
IF we hold these current lows expect us to retraced towards 17350 and the buyside liquidity resting above.
Bear in mind the overall HTF from the daily and weekly perspective.
Will be tape reading the market for a little while but done trading for the day. Don't forget tomorrow is Friday so don't hesitate to take less positions, or reducing the size of your trades.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
