Patrick2707

OP scalp - swing short

Short
BYBIT:OPUSDT.P   OPUSDT Perpetual Contract
A current low has been established on the higher time frame (1H)

Price currently retesting the highs of the range (15min). Expect a deviation above 1.6400$ and a retest of the clean lows (red line).
CLEAN LOWS = EVERYONE HAS THEIR STOPS UNDER IT

Entry after deviation of 1.6400$.
Stops should rest above 1.6500$ for the time being.

TP 1.6030$
TP 1.5860$

Stay safe and never risk more than 1-5% of your capital per trade. The analysis is merely a price action based analysis and does not constitute financial advice in any form.
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.