This idea is based on a 4hr sweep on liquidity with the candle closing below a previous high rather than above, as well as an overall bearish market on the higher time frames. I will be using a technique on the 1hr chart to frame my entry. If the 11pm- 12am 1hr candle closes below the horizontal black line I will wait for a retracement to that line to execute my sell.
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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.