This is a very risky entry but i am looking to manage this to the T when it comes to risk management. Price did close bullish yesterday but after todays candle broke the high, there was alot of volume pushing down as there were alot of orders filled at that 1900 psychological level. I am looking to ride that volume down as there is clean traffic on the left. My entry will be based on the previous 4H candle low being broken and most importantly a RANGE 2 breakout to validate my sell positions on such bullish conditions. Stops at previous 4H candle high and TP is at support as per usual
Order cancelled
Price now closed on the 1H TF above range 2 so im deleting this pending order as the entry would not be valid anymore
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.