ETH Short Scalp Setup Summary
Daily Bias: Bearish
Plot: Previous Day hit a major HTF Price Array that would constitute a reversal of price action or rejection of continuation. It was a classic implementation of the Asian Price Range. Was able to evade the expected volatility spike, and found 2 entry setups. Missed the first entry setup where price creates the High of the Day upon entering the London Open on a Bearish Bias Day.
Key Price Action Highlights
1. The Asian Range High, Mid, and Low Price Arrays of Value.
2. Liquidity build ups after the Asian Range, and price takes out the Buy Side Liquidity before forming a good Intraday reversal of price in the London Open.
3. Liquidity targets on lower prices.
Plot: Previous Day hit a major HTF Price Array that would constitute a reversal of price action or rejection of continuation. It was a classic implementation of the Asian Price Range. Was able to evade the expected volatility spike, and found 2 entry setups. Missed the first entry setup where price creates the High of the Day upon entering the London Open on a Bearish Bias Day.
Key Price Action Highlights
1. The Asian Range High, Mid, and Low Price Arrays of Value.
2. Liquidity build ups after the Asian Range, and price takes out the Buy Side Liquidity before forming a good Intraday reversal of price in the London Open.
3. Liquidity targets on lower prices.
Trade geschlossen: Ziel wurde erreicht:
1:3 RR precise target. Trade closed by end of NY Session.