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we've been testing a new scalping strategy for 1-2 and 1-3 RR with short stops and smaller TP . we saw price pushing to the downside and after the news of us CPU reaches highest levels of inflation we knew us30 still is bearish, we then waited for a break of structure and had stops just above the recent high wick. We also saw price reacted well in our support and resistance zone as another conformation.
we used the 1hr 15min and 5min timeframes for this scalp
risk 2% on this
we've been testing a new scalping strategy for 1-2 and 1-3 RR with short stops and smaller TP . we saw price pushing to the downside and after the news of us CPU reaches highest levels of inflation we knew us30 still is bearish, we then waited for a break of structure and had stops just above the recent high wick. We also saw price reacted well in our support and resistance zone as another conformation.
we used the 1hr 15min and 5min timeframes for this scalp
risk 2% on this
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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.