Only three things really stick out for me:
- we just bounced on H4 trend again, very clean. If we break structure on m15 here we can look to long a pullback in any imbalance that can be left. Stop below the recent low.
- Monday low left some equal lows. There are many cases where these remain untouched in an uptrend, but if you look back at previous impulses out of a consolidation, there is an internal liquidity sweep. Taking Mon equal lows but leaving the other lows untouched would be what that looks like. It also gives a clean trade setup.
- We added another high in a series of bad highs already. Cleaning these up, THEN tucking back below could create a short setup. The pay off on getting these right is immense. The risk is also high because you are fading a strong uptrend so far. Size accordingly, even on small size you win big if you are right.
- we just bounced on H4 trend again, very clean. If we break structure on m15 here we can look to long a pullback in any imbalance that can be left. Stop below the recent low.
- Monday low left some equal lows. There are many cases where these remain untouched in an uptrend, but if you look back at previous impulses out of a consolidation, there is an internal liquidity sweep. Taking Mon equal lows but leaving the other lows untouched would be what that looks like. It also gives a clean trade setup.
- We added another high in a series of bad highs already. Cleaning these up, THEN tucking back below could create a short setup. The pay off on getting these right is immense. The risk is also high because you are fading a strong uptrend so far. Size accordingly, even on small size you win big if you are right.
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Tealstreet.io Trade Faster & Trade Easier
Content in partnership with:
twitter.com/mooncakexbt
twitter.com/huskyXBT
Content in partnership with:
twitter.com/mooncakexbt
twitter.com/huskyXBT
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.