US30USD 2023 09 07
Updated
Bias: Shorts
R:R - 3:1
Confluences
Macro
3 month - Current Quarter candle rejecting Q2 high @ price zone 34500.00
Weekly - Price action rejections off of weekly key level and previous high @ price zone 35000.00
Daily - Previous candle closed below Q2 high (translated from 3 month rejection candle)
4h - Currently trading in a bearish condition market
Micro
1h/30m - Bearish rectangle market pattern
15min - US session from last week Monday used as entry zone
15min - Buyside liquidity tapped on intraday timespan
5min - Timeframe used for entry
R:R - 3:1
Confluences
Macro
3 month - Current Quarter candle rejecting Q2 high @ price zone 34500.00
Weekly - Price action rejections off of weekly key level and previous high @ price zone 35000.00
Daily - Previous candle closed below Q2 high (translated from 3 month rejection candle)
4h - Currently trading in a bearish condition market
Micro
1h/30m - Bearish rectangle market pattern
15min - US session from last week Monday used as entry zone
15min - Buyside liquidity tapped on intraday timespan
5min - Timeframe used for entry
Trade closed: stop reached
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