Break of Structure and possible reversal on RUNE PERP M15 TF

Price broke structure at the 1.295 region after a bullish run in the last 24-48hrs.
A short trade seems feasible with 1:6 RR
We wait for bearish reaction at the FVG created before the BOS.
TP target is sell side liquidity zone below.
A short trade seems feasible with 1:6 RR
We wait for bearish reaction at the FVG created before the BOS.
TP target is sell side liquidity zone below.
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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.