If you're a member of mine then this will look familiar.
We already grabbed a little profit off the initial drop and I'm looking for that bearish run to continue.
We can enter a sell here at the kumo with a stop loss above recent price structure highs.
I'm targeting price structure to the left as my overall target, but I've also drawn out some partial take profit levels to aim for along the way as well.
If we fail to get rejected at the kumo or if our bearish confirmations change, this setup could become invalidated.
We already grabbed a little profit off the initial drop and I'm looking for that bearish run to continue.
We can enter a sell here at the kumo with a stop loss above recent price structure highs.
I'm targeting price structure to the left as my overall target, but I've also drawn out some partial take profit levels to aim for along the way as well.
If we fail to get rejected at the kumo or if our bearish confirmations change, this setup could become invalidated.