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Short

Sell US30

By disciple1912
Updated
Price is creating a Wyckoff schematic. I look for confluences within the schematic to indicate possible direction. Personally a creek followed by a impulsve move usually indicates the intended direction, also if you can identify the sign of strength (SOS), then it helps to identify where the support is and if price truly crossed over that support. If after a sos a clear liquidty grab or spring is created than with the schematic price will usually return to the area of the sign of strength and go lower to a demand from the origin that created the trend before the schematic. Beware of SL hunts
Trade active
TP1 HIT
Trade active
Moving steadily well into the profit area. Ideal to look for potential to push lower after retracement. There is still potential for price to continue further down.
Trade active
TP2 HIT
Trade closed: target reached
Trade closed: target reached
Though the target has been reached, I still see the potential for price to reach 32500. I will be looking to identify this possibility in the lower tfs. Beware of composite manipulation.
Beyond Technical Analysis
disciple1912

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