Quick Scalp Short Eu?
This is not a financial advise. I am a baby trader trying to use Publish idea to journal my analysis. I am making it public to get some valuable feedback if ever.
Confluences?
DXY - Double bottom, Took Support and showing Strong Uptrend. This uptrend most likely a short one before dumping further which gives a small opportunity for Short scalp on EU and GU??
Euro - After consolidation broke below the consolidation zone for a good liquidity grab before moving further up.
Extremely risky trade as the liquidity grab could just reverse anytime. I am hoping the imbalances to be filled before the move up and hence TP in the Imbalance areas. So trade will be close when I have a reversal confirmation.
It is a golden rule to use risk 1% of capital per trade.
Remember Capital preservation is the real game.
Price action is King
Smart money is the best money
Charts don't lie :)
Confluences?
DXY - Double bottom, Took Support and showing Strong Uptrend. This uptrend most likely a short one before dumping further which gives a small opportunity for Short scalp on EU and GU??
Euro - After consolidation broke below the consolidation zone for a good liquidity grab before moving further up.
Extremely risky trade as the liquidity grab could just reverse anytime. I am hoping the imbalances to be filled before the move up and hence TP in the Imbalance areas. So trade will be close when I have a reversal confirmation.
It is a golden rule to use risk 1% of capital per trade.
Remember Capital preservation is the real game.
Price action is King
Smart money is the best money
Charts don't lie :)
Trade closed manually
Not enough momentum. closing in Small profit.Note
Good Judgment on the reversal. As suspected it was a liquidity sweep.Note
Couldnt find enough momentum up. More movement to the downside to grab some more liquidity.Trade closed: target reached
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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.
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.