NAS100 Short from LPSY
Anticipating market to rally upwards to mitigate some of the orders left from the extreme which broke structure from the schematic. Orders are from the NY session so will definitely be buy orders in there that needs to be mitigated. Have found my most volumest candle which correlates on the 50m, 5m and 2m timeframes. Sell Limit off the 80% of the 5 minute and have set an alarm off 50% of the 50m to give me a heads up to watch closely. Planning on running this down towards the re-accumulation that happened near the end of August. With the events happening with the world economy and being September, I'm anticipating some downwards movements in the indices. So let's wait and see, happy trading!
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