Price just invalidated a 15min LPOTM today. I expect next week to either be a consolidation week or a big red week.
Looking for price to retrace and mitigate a 1min OB to short from that area. not interested in longs till price hits a 4HR bullish OB or if it takes out today's high.
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İşlem aktif
İşlem aktif
TP 1 Hit.
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Risk Mitigated
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Decided I will exit trade fully at 2nd TP. It is monday and such a move all the way down is unlikely.
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Trade Aftermath, captured entire down move and exited before reversal.
İşlem aktif
Beautiful reaction in US30 off analysis
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Price reacts as expected. Price does not turn around for no reason randomly. There is ALWAYS a goal to be achieved when price moves. The trick is to only trade once the market shows its hand.
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I could see price reversing off this OB to target the one untapped in the 4HR POI. This is not a live order I have placed in the market.
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