US30USD 2023 09 07
Bias: Shorts
R:R - 3:1
Confluences
Macro
3 month - Current Quarter candle rejecting Q2 high @ price zone 34500.00
Weekly - Price action rejections off of weekly key level and previous high @ price zone 35000.00
Daily - Previous candle closed below Q2 high (translated from 3 month rejection candle)
4h - Currently trading in a bearish condition market
Micro
1h/30m - Bearish rectangle market pattern
15min - US session from last week Monday used as entry zone
15min - Buyside liquidity tapped on intraday timespan
5min - Timeframe used for entry
R:R - 3:1
Confluences
Macro
3 month - Current Quarter candle rejecting Q2 high @ price zone 34500.00
Weekly - Price action rejections off of weekly key level and previous high @ price zone 35000.00
Daily - Previous candle closed below Q2 high (translated from 3 month rejection candle)
4h - Currently trading in a bearish condition market
Micro
1h/30m - Bearish rectangle market pattern
15min - US session from last week Monday used as entry zone
15min - Buyside liquidity tapped on intraday timespan
5min - Timeframe used for entry
Trade closed: stop reached
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.
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.