Simple break in Market Structure on the low timeframe. There is price inefficiency to fill on the way down. Even though the run up has filled the inefficiency on the left hand side, there is still a small ammount of orders which rest between 10k-> 10.3k .
This idea is based on the assumption that we have a pullback before continuing the next move north.
This idea is based on the assumption that we have a pullback before continuing the next move north.
Trade closed: stop reached:
Stopped out -1R