Wassup Lads!
So this was a trade I took which I exited at B.E., it was a risky sell - basically a counter trade in a bullish orderflow. I took it but exited it on a small profit because I was not feeling confident.
Anyway talking about the trade, this was totally a time based setup -
The reason for the trade -
1. SMT Divergence between EU and GU on the daily time frame
2. Second Stage SMT between EU and GU (London highs)
Two stage SMT confirmed the reversal but I didn't have much confidence considering the overall bullish orderflow.
Keep winning bois!
So this was a trade I took which I exited at B.E., it was a risky sell - basically a counter trade in a bullish orderflow. I took it but exited it on a small profit because I was not feeling confident.
Anyway talking about the trade, this was totally a time based setup -
The reason for the trade -
1. SMT Divergence between EU and GU on the daily time frame
2. Second Stage SMT between EU and GU (London highs)
Two stage SMT confirmed the reversal but I didn't have much confidence considering the overall bullish orderflow.
Keep winning bois!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.