We could get a small move up soon here then we get potential 15min LH for a breakdown to 61'ish then low-mid 59's which hopefully holds or watch out here come bears in full force downside for a potential quick flash dump style move to low-mid 50k's OR we get more range and set 15min HLs for a another 4hr HL -- 15min,1hr bottomed for the most part, 2hr has room to dip and 4hr topping so (in theory) we should get a bounce soon then we see but shorts would be the way to go with how current structure and how multi time frame stoch rsi's lookin
Trade closed: target reached:
Took a scalp play and TP'd out with a 1:3 r:r - Just re-entered another quick scalp play but making it a smaller TP on this one. Things went exactly as I thought for the downside scenario, bounced right when I posted and sent the callout/signal to make a lower time frame LH and breakdown to 60,7
Comment:
This short im TP'ing at 60,350 just for a quick play as im expecting a mid term reversal on 15min/1hr. (Risky Short)
Trade closed: target reached:
TP hit at 60,350 --- Im done taking shorts, ill wait for things to reset a bit more and more so thinking we get upside reversal or some crazy range in the near future