ETH SHORT Scalp London Open
Day's Bias: Neutral Bullish
Plot:
A Possible Counter Trend Setup to scalp internal liquidity. Price hits a -OB then occurs a short entry setup to seek lower prices and internal liquidity.
Price left the Asian Range as a continuation of previous day's price action.
Price leaves FVGs close to today's Asian Range High.
Target's can be the FVG or Asian Range High, may possibly reach for Asian Range 50%.
Price may continue to drop to lower prices already taking out HTF external liquidity, specially as we get close to the weekends.
Strategy: Asian Range Implementation + London Open Setup.
Plot:
A Possible Counter Trend Setup to scalp internal liquidity. Price hits a -OB then occurs a short entry setup to seek lower prices and internal liquidity.
Price left the Asian Range as a continuation of previous day's price action.
Price leaves FVGs close to today's Asian Range High.
Target's can be the FVG or Asian Range High, may possibly reach for Asian Range 50%.
Price may continue to drop to lower prices already taking out HTF external liquidity, specially as we get close to the weekends.
Strategy: Asian Range Implementation + London Open Setup.
Comment:
Price did play well to take out LTF Liquidity in a form of equal highs. Re-entered at $1589.94. S/L + Spread of 3.40. TP at FVG above Asian Range High.
Trade closed: target reached:
TP on FVG hit in 2nd entry. Unbelievable price action.