SHORT IDEA
Updated
Looking for a continuation lower today with my bias favoring the short side.
Annotations and anticipated key levels on the chart.
Once the stop level of 16994.9 is breached, the idea is invalidated and will be on the sidelines for another opportunity.
Key anticipation: High impact News Driver during the New York Session.
As always manage risk and conserve capital.
Annotations and anticipated key levels on the chart.
Once the stop level of 16994.9 is breached, the idea is invalidated and will be on the sidelines for another opportunity.
Key anticipation: High impact News Driver during the New York Session.
As always manage risk and conserve capital.
Note
Profit target 1 achieved, scaled out and taken partials. Stop loss reduced and risk minimized.
Note
Profit target 2 & 3 achieved. Stop loss to breakeven or better. Partials taken, no risk on the trade.Note
Take profit target 4 achieved
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