USDMXN Long to Short Setup
What Am I Looking For?
1. Trend & Market Structure
2. Where is the Money?
(Institutional Movement/Liquidity)
3. Imbalance
4. Fibonacci
5. Wyckoff
Current trend on the short time frames is bullish. That is why I am looking for a retracement to the imbalance on the downside to create another higher low to establish that confirmation for the bullish trend to start working up towards my short entry.
I also see upside liquidity above the equal highs that needs to be taken out. That will happen when the PA decided to go to the upside.
The Fibonacci Retracement tool is another validation of my entry. Looking to play off of the .796 - .886 zone in that.
1. Trend & Market Structure
2. Where is the Money?
(Institutional Movement/Liquidity)
3. Imbalance
4. Fibonacci
5. Wyckoff
Current trend on the short time frames is bullish. That is why I am looking for a retracement to the imbalance on the downside to create another higher low to establish that confirmation for the bullish trend to start working up towards my short entry.
I also see upside liquidity above the equal highs that needs to be taken out. That will happen when the PA decided to go to the upside.
The Fibonacci Retracement tool is another validation of my entry. Looking to play off of the .796 - .886 zone in that.
Feragatname
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