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Short opened at 96164, based on 24 mins, 1h blood dimonds and red dot present, at the same time that WolfpackID on 4h turning red. in addition, bearish divergence forming on the 12h. SL above high (98069).
update : SL hit. P&L of -292$
Next time wait for confirmation no choice. Price never rejected. Wolfpack ID never turned red on 24m or 1h. front ran this trade and lost.
Plan for the week, wait to see when price hits one of these two circle, ideally monday PM or tuesday AM EST. then if confirmation is present (VC) & MC going in the same direction, will enter a trade.
For short : presence of a SFP.
For Long : a HL on the 4H
@TimWarrenTrades@grok please explain why this is bullish? My understanding was that spike in 30Y japanese bond market means no one is buying. Therefore not continuing the Yen carry trade. Which is bearish?
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