We have a downtrend on the 15 minute and even slightly higher timeframes. Once price passes the area of value marked out; we should see a continuation of this trend with a perfect scalping- day trading opportunity! Use a 10 pip stop loss and go for at least a 1:1 RR trade moving your stop loss to break even after being in 5-7 pips in profit. If it does an impulsive move downwards then keep moving your trailing stop loss accordingly.
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.