WHEAT: Short H1 BuOB after range+SFP

2021年6月7日

WHEAT was weakest of grains in terms of price gains and CoT. Should be in seasonal weakness.
Price SFP'd D1 range highs and took liquidity from Fri. Several hours later a H1 bearish OB formed.
Price got trapped around D1 resistance and next candle after the OB closed as SS on both SOY and CORN, but giving neutral/bullish candle on WHAT giving better entry.

Entry: Market shorted around original planned entry (H1 swing low)
SL: Above D1 highs, around (but below) D1 ATR
TP: Range lows
Wrong: Impulse candle high.

2021年6月7日

交易進行

Market entry on 14:00 candle

2021年6月8日

手動結束交易

Could not sell off. Finally held support and broke north.
Closed manually after H1 closed above previous spike and did not sell off immediately.