Clean trade that we are likely to push down from. Early exit line in the sand is quite pronounced. Will see how it goes.
ملاحظة
Pullback in the works.
تم فتح الصفقة
In.
ملاحظة
Ideally we get a good 15M close in 4 minutes.
ملاحظة
We closed below line in the sand. So still holding.
ملاحظة
Now 4M needs to follow suit.
ملاحظة
We're likely to close early at this 4M close.
ملاحظة
Giving it a few more minutes, although early close is extremely likely at this point.
ملاحظة
Okay close, hopefully it will transfer into 15M good closure.
ملاحظة
We closed back below line in the sand. Now 15M needs to confirm that.
ملاحظة
Ideally we get a 1M move as follows (green brush). We need a 1M change of market structure and fast EMAs cross to better confirm the overall move to the downside. Right now it's a bit tight.
ملاحظة
15M seems to be forming a good candle.
ملاحظة
On 1M we are getting an aforementioned break and a cross. Now hopefully it follows.
ملاحظة
Line in the sand changed. Break below it = moving stop.
ملاحظة
Plausible 15M close.
ملاحظة
At the same time pretty bad 4M close. At this point if we get a high-volume close against us - we'll exit early.
ملاحظة
Getting that movement in our favor.
ملاحظة
Very good 4M close. Now we want it to continue.
ملاحظة
Not good price action after such a good candle, but that is likely due to volume as it haven't yet picked up. Holding.
ملاحظة
If we close above this zone - we'll be out I think regardless of volume. Not ideal price action, unfortunately.
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