Institutional trading on lower TF 5min...
There is liquidity to be taken (small trendline + double bottom )
we are trading with the trend.
there is also a head and shoulders pattern that's already been made
There is a possibility that the stop loss will be triggered because we also have liquidity above. I will look to re-enter at a nice zone if that happens so be prepared.
Trade at your own risk. I'm not a financial advisor
There is liquidity to be taken (small trendline + double bottom )
we are trading with the trend.
there is also a head and shoulders pattern that's already been made
There is a possibility that the stop loss will be triggered because we also have liquidity above. I will look to re-enter at a nice zone if that happens so be prepared.
Trade at your own risk. I'm not a financial advisor