We got some nice sell entries yesterday on US 100 since we've taken out the buyside liquidity (red line). Participated in sells myself and managed to grab my fair share of profits and letting the market go its way once the trade was done
Entry 17590
TP 17553
SL 17616
As long as we do not reclaim the yellow box and hold we should expect further selling.
Will be interesting to see how we move from here today.
We will have some numbers and high impact news (prone to manipulation as always) for the rest of the week so no need to FORCE YOUR TRADES or have OVERZEALOUS OBJECTIVES.
Let the market come to you and ACT UPON 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.