Trade 1 Short Playbook 4H C.3
Trade Idea 2
1. Price Has hit my area of value. I currently see no downward momentum. The fundamental news are also bullish.
CPI: Positive
2. I will wait for a confirmation liquidity model to present on a lower time frame before placing a short trade.
3. If that happens I will place my trade with a decent size stop loss.
4. If price fully mitigates this resistance zone then I will change my bias to long
Trade Idea 1:
Entry Price: 1.08842
Exit Take Profit: 1.08162 or 68 Pips
Stop Loss: 1.09242 or 40 Pips