NOT short setup
Updated
From SW H onwards, we have continuously had lower L and H.
After each internal pullback that we have shown with empty boxes, we have had a significant drop, and these drops are our minr structrue.
Now this fractal movement is expected to repeat once more.
Also, the price is approaching the swap range and the resistance line.
Closing a daily candle above the invalidation level will violate the analysis.
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
After each internal pullback that we have shown with empty boxes, we have had a significant drop, and these drops are our minr structrue.
Now this fractal movement is expected to repeat once more.
Also, the price is approaching the swap range and the resistance line.
Closing a daily candle above the invalidation level will violate the analysis.
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
Trade closed: target reached
It didn't exactly reach the swap range, but our bearish view on NOT was correct and it dropped more than 23%
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