Bearish action this week was slow and weak. However my longer term sentiment is still bearish, Im expecting the market to clear out all the buy side liquidity from this slow decline back up into premium prices before bearish price exploration.
Trade fermée: ordre d’arrêt atteint:
Idea was right however stop was placed too small and should've been placed at the top of the second POI (Not drawn)
Commentaire:
Looking to get short on EU at this level.
Structure confirmed
POI Confirmed
Liquidity confirmed
Entry protocol confirmed (but not pretty)
Looking to get short on EU at this level.
Structure confirmed
POI Confirmed
Liquidity confirmed
Entry protocol confirmed (but not pretty)
Commentaire:
Trade never filled. 1 pip short. Price completes to final take profit and beyond. Analysis spot on.
Let the algo show you its hand.
Structure fulfilled
Liquidity fulfilled
POI fulfilled
Protocol fulfilled
Risks: this is a lower time frame trade, therefore the HTF narrative may invalidate it.