Local short within the volume profile 57-55k
This is my current short that I entered on BINGX, MEXC and phemex. My stop loss is above the wick at 57700. My entry is 57400 and some change at this current moment. I did get stopped out this morning on my last short at 57200, my stop loss was entry at entry making it a risk free trade, I was hoping to get down to the value area low but we were shy a few hundred dollars to that key level, I took 80% of the table. Now I am short due to the some indicators like the 5 minute, 15 minute, 30 minute putting in bearish divs with higher price action and lower momentum waves on market cipher b, as well as the 90 min I am looking to front run that time frame it could give us the bear div as well on the daily with higher price action and lower momentum waves this is my day trade or scalp. I did post the Swing trade a few minutes ago this could be a home run if the weekly vwap can come down from here with the money flow.
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Disclaimer
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.