Hey traders, we've started the day with attacking buyside liquidity pool of a previous three days high. Then we dropped about 40 pips down from my Point of interest where I called, short. Now I am looking for another short setup but I am expecting New York to push price a little bit higher probably into the fair value gap you see which is not confirmed yet because current 1 hour candle is still not closed yet. My point of interest is Long term lows on daily chart ( sellside liquidity).
Note
A little retracement is welcome as long as it doesn't ruin the rules for creating a Fair value gap on our hourly chartNote
The little retracement is here if this hourly candle closes above Fair value gap I am closing my short positionsNote
Take out partials on the way down, remember. Mission passed.Trade closed: target reached
Mission PassedRelated publications
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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.