Euro / U.S. Dollar
Short
Updated

EURUSD SHORT SCALP

276
Follow the annotations on my chart
We have a SMR setup
Watch ICT videos to understand what concepts I'm using
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Jump into a 5min t.f to see it better
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i'ma add more trades on a 1min t.f if it support the idea, but if we pump above today's prices again, then the idea will be null & void
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I've just added more trades on 1min t.f targeting the insufficiency below the original consolidation.
For anyone who has buys and had not taken t.p during this London session, they might be in some trouble
Trade active
So, I wanna see the market on a 5min t.f create distribution and then maybe a redistribution before running through the original consolidation.
Its funny that the original consolidation is slighly below London low. That's some juice
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Now, If you did execute the sell trades as I did, You can now B.E you trades
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I wanna see small 1min/5min consilidations or small retracements and not full retracements to OTE levels.
Something else I wanna see break away gaps in the market.
I will lock some partials once the market gets to today's London low
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On a 5 min t.f, The first distribution has already formed. It could be a good place to enter more sells and target London low.
FYI, we're already off th London killzone and we have roughly 25min + to New York session open
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Pardon me ladies n gents, Ooh! I just assumed that you could see some annotations just as I could in my charts.
So, my eyes are glued to the 1 min and the 5 min t.f's.
On the 5 min t.f is where you'll see the Original consolidation, accumulation and re-accumulation phases.
That also applies now in the current distribution phase that has just formed
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Would you look @ that. The market has melted below original consolidation.
Now, I'm comfortable closing some partials awaiting New York open in 2 min time
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And again guys, you can only see the 2nd phase distribution or re- distribution in a 1 min t.f
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Be aware guys of a Smart money reversal that could possibly pump the markets as we speak, close partials, protect your stops coz now we are in New York. It could do one of two things either continue to the 15 min end of fair value or reverse and continue with the uptrend.
In either way, as long as we've tapped below the original consolidation, to the that as good as a complete setup
Trade closed: target reached
Yea guys, I'ma consider tapping below the Original consolidation as a target reached. I'ma be closing 75% of my trades now.
If you like what I'm doing and would love to see more of this, kindly give it a boost and hit the follow button.

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