channel break short entry s&p500 futures emini 15 minute (es1!)

if we form a lower high on the 15 minute timeframe this area in emini futures are a target for short selling

Trade closed: target reached

could have bullish divergence in oversold rsi causing a bounce

Note

a lower high than 4721 is a target for short reentry

Trade closed manually

second short should be closed

Trade active

could flip bull 15 mins

Note

4720.5 is long target

Trade closed manually

long target reached

Note

failing to break above the .382 of retracement and rsi not crossing above signal line is a reentry target for shorts

Trade closed: target reached

3rd short should cover 4719.75

Note

could be flipped long again

Note

4720.75 long target

Trade closed manually

2nd long target reached

cerealtrades

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