We've already Established that the Trend Is Down today. So that scalp was the Stop Hunt for all of the LONG Retail Traders Stop Losses above MZ Structure.
So that 20 Pip scalp was a great Snipe!
It's looking Like price has taken out the Short Retail Traders Stop Loses now it will begin to liquidate the Long traders and engage in the REAL move SHORT.
This will also take out all of the Retail Traders that went Long and take out their Stop Losses below MZ Structure as well.
This is the #SniperPerspective
A Sell Stop will pick up the REAL Trend South Nicely and put you in position to catch some MAJOR PIP$ on a MONDAY:)
Never Over leverage
Trust your Set Up aka Narrative.
Have Fun!
WE ARE #SNIPERGANG
EVERYBODY EAT$
So that 20 Pip scalp was a great Snipe!
It's looking Like price has taken out the Short Retail Traders Stop Loses now it will begin to liquidate the Long traders and engage in the REAL move SHORT.
This will also take out all of the Retail Traders that went Long and take out their Stop Losses below MZ Structure as well.
This is the #SniperPerspective
A Sell Stop will pick up the REAL Trend South Nicely and put you in position to catch some MAJOR PIP$ on a MONDAY:)
Never Over leverage
Trust your Set Up aka Narrative.
Have Fun!
WE ARE #SNIPERGANG
EVERYBODY EAT$