ETH short - scalp trade
Taken a nice scalp short on ETH...
Entry 2970
TP 2915
SL 3007
We took out the buyside liquidity from 8:30 am (NY TIME) and the 1H inverted FVG (blue box) confirmed the market would want to reach for the HTF sellside. You'll note I entered on a 5min imbalance (red line) and note directly on in the inverted FVG.... we don't always have to play the market aggressively...
We pushed up in the 'pre-market' (crypto never sleeps so you'll understand that 'pre-market' simply refers to before 9:30 am - NY TIME in this context...)
Overall overview of the market remains the same. Market is not necessarily looking great (yet) for some nice obvious swings so don't hesitate to RELY ON YOUR SYSTEM AND FUNDAMENTALS AND PICKING YOUR TRADES...
For the regulars ...no I did not forget the weekly end of the week message to you all .... I hope you guys and girl have another amazing week and that your trading week was also fruitful. As always YOUR TRADING JOURNEY IS UNIQUE TO YOU ....LEARN FROM IT AND GROW THROUGH IT...
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.
Entry 2970
TP 2915
SL 3007
We took out the buyside liquidity from 8:30 am (NY TIME) and the 1H inverted FVG (blue box) confirmed the market would want to reach for the HTF sellside. You'll note I entered on a 5min imbalance (red line) and note directly on in the inverted FVG.... we don't always have to play the market aggressively...
We pushed up in the 'pre-market' (crypto never sleeps so you'll understand that 'pre-market' simply refers to before 9:30 am - NY TIME in this context...)
Overall overview of the market remains the same. Market is not necessarily looking great (yet) for some nice obvious swings so don't hesitate to RELY ON YOUR SYSTEM AND FUNDAMENTALS AND PICKING YOUR TRADES...
For the regulars ...no I did not forget the weekly end of the week message to you all .... I hope you guys and girl have another amazing week and that your trading week was also fruitful. As always YOUR TRADING JOURNEY IS UNIQUE TO YOU ....LEARN FROM IT AND GROW THROUGH IT...
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.
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