Here is a simple supply/demand short, where we have an abundance of supply at current levels and sufficient reason to take a 2:1 R/R trade. Many factors of resistance above price, including short-term SMA's, trendlines, and S/R zones. If trade continues through TP, I will let it ride. Happy Trading!
Handel aktiv
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Short is active, market is currently sitting at entry point. Supply and Demand levels still apply. Cheers
@brocorporation, Nice one, I like the confluence! I rely heavily on momentum when it is present. If I see it turn bullish, I will be with you. Good luck!