Shorted APE aggressively at market and targeting the liquidity around 1.20$
IF we reclaim the blue box (liquidity)and start pushing higher I will look to reduce my position on this trade.
IF we break and hold below the red line you can add shorts to your original position and I expect us to see some fast movement to fill the sellside liquidity.
Bear in mind it is Sunday so no need to be overzealous. Trade with respect towards your capital and yourself and do not be afraid to cut a loss or drawdown earlier than necessary if needed.
Entry (market)
TP 1.20$
SL (hard stops) 1.43$
As always pa TELLS THE STORY and we look to ACT UPON IT.
---- Upcoming Monday is Labour Day in the US so we might experience a choppy markets due to reduced liquidity... but trading remains trading--------
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.
IF we reclaim the blue box (liquidity)and start pushing higher I will look to reduce my position on this trade.
IF we break and hold below the red line you can add shorts to your original position and I expect us to see some fast movement to fill the sellside liquidity.
Bear in mind it is Sunday so no need to be overzealous. Trade with respect towards your capital and yourself and do not be afraid to cut a loss or drawdown earlier than necessary if needed.
Entry (market)
TP 1.20$
SL (hard stops) 1.43$
As always pa TELLS THE STORY and we look to ACT UPON IT.
---- Upcoming Monday is Labour Day in the US so we might experience a choppy markets due to reduced liquidity... but trading remains trading--------
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.
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.