Going short on Us30.fs. Price has been on Bullish rally for quite some time now and reached some nasty liquidity that I personally think can pull back the market to target some sell side liquidity, before price continue the bullish momentum.
POSITION
- Entry : 34113
- TP : 33113
- SL 34350
RR
-0.4 : 2
RISK
- 0.4%
- 2300pips
- 11.83$
REWARD
- 2%
- 9700 pips
- 48.99$
CONFLUENCES
- Premium price ( expensive, are you going to buy something expensive and sell something cheap, I doubt it ; buy cheap and sell expensive )
- liquidity run above Daily equal highs
- Volume imbalance (HTF SUPPLY)
- Sell side liquidity needs to be hunt!