SAGA - high risk scalp
Updated
I am very curious about this one...
SAGA doesn't look good compared to others and has shown a lot of bearish market structure to the downside, with losing the monday low and the low volume node zone below it is appears as if SAGA wants to come down to the levels of the surge last week. Would be a high RR setup but a very risky on.
BTC could give the momentum in both sides but primarily I am expecting a slight move down for BTC before continuing this bullish pattern, maybe this could give SAGA a little shakeout here. If you take it please manage your risk accordingly and do it on your own research 🤝
SAGA doesn't look good compared to others and has shown a lot of bearish market structure to the downside, with losing the monday low and the low volume node zone below it is appears as if SAGA wants to come down to the levels of the surge last week. Would be a high RR setup but a very risky on.
BTC could give the momentum in both sides but primarily I am expecting a slight move down for BTC before continuing this bullish pattern, maybe this could give SAGA a little shakeout here. If you take it please manage your risk accordingly and do it on your own research 🤝
Trade active
Nice reaction so far ✅
I am personally moving my stop loss to 4.0811$
You can take profits and move your stop loss as you wish, let's see how low we can go. If we are continuing with a BOC i think we could witness a fast sell off.
Trade active
Taking some off on SAGA as we are filled on the second BTC entry and I am looking for some bullish momentum to come back. I am also moving my stop loss into profit above the FVG at 4.00$. I was looking for some more downside but 3.849$ seems to hold pretty good.
Nice scalp, ready for the next one
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