US30 Lower Timeframe Sell Idea
Based on bearish higher timeframes, we are scaling into current price action.
We failed to create a new higher-high to continue countertrend, thus giving us opportunity for possible sells / shorts.
Entry is based on fib-retracement snipe zone, institutional candle, overall trend and minimum Risk:Reward 1:4.
Possible areas to Take Profit are the moneybags. Could swing into 4H POI from previous post.
We failed to create a new higher-high to continue countertrend, thus giving us opportunity for possible sells / shorts.
Entry is based on fib-retracement snipe zone, institutional candle, overall trend and minimum Risk:Reward 1:4.
Possible areas to Take Profit are the moneybags. Could swing into 4H POI from previous post.
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.