Following my previous cable shorts setup which after 100+ pips i was stopped at Break Even im with shorts in play again from the highs after testing a important intraweek level. Holding it into the final projection, use the arrows as take profit areas though. All entries shared lived on my signals group. Check out my profile social networks if you want to contact...
CLEAN ASF. ENOUGH SAID. WITH A SNIPER ENTRY AT THE BOTTOM, I STILL EXPECT A LIQUIDITY GRAB AROUND 1.24850 DEMAND ZONE TO TAKE OUT ANY BUYERS AND CREATE THE FAMOUS "INVERTED H&S" FOR A POSSIBLE 100+ PIPS MOVE!
IN CORRELATION WITH THE STRENGTHEN OF THE DOLLAR, AFTER REJECTING 1300.00 KEY LEVEL AND ALSO IN CONFLUENCE WITH MY WEEKLY 61.8 FIB RETRACEMENT DESCENDING CHANNEL.
MY TP IS AT 1250.00 PSYCHOLOGICAL LEVEL AND -27% OF THE FIB TOOL.
WHO FEELS IT KNOWS IT. POSSIBLE SIGNATURE TRADE SETUP. VALID WEDGE FORMATION PATTERN. WAITING FOR THAT BREAKOUT TO THE TRAP ZONE AND THEN A REVERSE OF THE MARKET TO THE LOW OF THE PREVIOUS WEEK FOR AT LEAST 150+ PIPS, CREATING HOPEFULLY A DOWNTREND.
S/M TO THURSDAY INDUCE TREND.
TUESDAY-WEDNESDAY HIGH OF THE WEEK SIGNATURE TRADE SETUP.
THURSDAY WORKED TRAP ZONE OFF OF THE HIGH OF THE WEEK AND THEN REVERSE THE MARKET TO HIT THE STOPS OF RETAIL TRADERS. ALSO M FORMATION OFF OF THE HIGHER HIGHS OF THE WEEK.