I took this trade at a key resistance point at the 50% mark of the nearest order block.
I picked this point because price had very little other structure to retrace to for me to pick up a short.
I chose to short here because the order below is more or less mitigated, and expected price to drop right through it.
I picked this point because price had very little other structure to retrace to for me to pick up a short.
I chose to short here because the order below is more or less mitigated, and expected price to drop right through it.
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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.