Taken a nice short scalp on US 100 for today.
You can see how we traded through the 1min volume imbalance (red box) from the 29th April and did not close outside of it (no bullish candle with a clean close outside of it). This confirmed that we had taken all the buyside liquidity for now..
Once we traded through the 1min buyside liquidity (top red line) and closed back within the range, shorted two positions from 17775 targeting the 15 min break of structure (bottom red line).
Entry 17775
TP 17760
SL 17792
Expecting pa to continue on lower IF we fail to hold these current lows.
Done trading for the day.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
You can see how we traded through the 1min volume imbalance (red box) from the 29th April and did not close outside of it (no bullish candle with a clean close outside of it). This confirmed that we had taken all the buyside liquidity for now..
Once we traded through the 1min buyside liquidity (top red line) and closed back within the range, shorted two positions from 17775 targeting the 15 min break of structure (bottom red line).
Entry 17775
TP 17760
SL 17792
Expecting pa to continue on lower IF we fail to hold these current lows.
Done trading for the day.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
