Looking at three potential areas to short the market from.
Firstly we have the 4hr distribution that occurred prior to the short term drop in the market.
Then we have a potential short from somewhere in between the FVG of the two daily candles.
Lastly, the 50% of the huge daily wick seen in December could be a top in this market from where we can see new lows being made below the 28700 level.
Firstly we have the 4hr distribution that occurred prior to the short term drop in the market.
Then we have a potential short from somewhere in between the FVG of the two daily candles.
Lastly, the 50% of the huge daily wick seen in December could be a top in this market from where we can see new lows being made below the 28700 level.
Trade active:
First entry got stopped out ❌
Second entry is now in profit of over 250 points.
Lets see how this plays out.
We got FED interest rate decision on Wednesday and NFP on Friday so excited to see how the markets react.
Trade safe traders.
Second entry is now in profit of over 250 points.
Lets see how this plays out.
We got FED interest rate decision on Wednesday and NFP on Friday so excited to see how the markets react.
Trade safe traders.