Bearish action this week was slow and weak. However my longer term sentiment is still bearish, Im expecting the market to clear out all the buy side liquidity from this slow decline back up into premium prices before bearish price exploration.
Nota
Market may provide sell opportunity as price retraces to POI.
Structure fulfilled Liquidity fulfilled POI fulfilled Protocol fulfilled
Risks: this is a lower time frame trade, therefore the HTF narrative may invalidate it.
Operación cerrada: precio stop alcanzado
Idea was right however stop was placed too small and should've been placed at the top of the second POI (Not drawn)
Nota
Looking to get short on EU at this level.
Structure confirmed POI Confirmed Liquidity confirmed Entry protocol confirmed (but not pretty)
Nota
Trade never filled. 1 pip short. Price completes to final take profit and beyond. Analysis spot on.
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