Short
US100 Short Idea (SMC)
Possible Short opportunity here in the US TECH index.
What stands for it:
- potential valid order block (OB) with Momentum, a break of structure (BOS) and a bearish engulfing in a higher timeframe (H2)
- 2 equal lows below the OB, where liquidity is sitting*
- there is some Imbalance (IMB) in the beginning of the upmove of 12 May 2022
*also a previous equal low has been cleared with the downmove from the potential order block (OB)
Do you have any different ideas? If so, please let me know your feedback.
Cheers.
- Martin
What stands for it:
- potential valid order block (OB) with Momentum, a break of structure (BOS) and a bearish engulfing in a higher timeframe (H2)
- 2 equal lows below the OB, where liquidity is sitting*
- there is some Imbalance (IMB) in the beginning of the upmove of 12 May 2022
*also a previous equal low has been cleared with the downmove from the potential order block (OB)
Do you have any different ideas? If so, please let me know your feedback.
Cheers.
- Martin
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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.