Never really trade the short time frames,
never really been good at judging them,
however price is fractal so ill give it a shot.
Price swept the liquidity on the lows
clearing out the stops (shown by trend line)
Target is an area i feel it should reach back into
for price stability.
never really been good at judging them,
however price is fractal so ill give it a shot.
Price swept the liquidity on the lows
clearing out the stops (shown by trend line)
Target is an area i feel it should reach back into
for price stability.
Trade closed: target reached
I'm doing this just incase it wants to run away from here and sell off, which is possible.
I will look to re enter in a similar area if price shows me a willingness to go higher and my initial idea will be come back into play.