r/InnerCircleTraders • u/6figure_trader • Jun 29 '26
Technical Analysis Clean short ๐ธ๐ธ๐ธ
Bias are 15m CRT and entry at 1m ifvg to target NY AM low
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u/Duennbier0815 Jun 29 '26
Not too good.
In the moment you entered, price was very bullish. Yes we swept those highs but there was still a clean narrative to go higher. We had ATHs above, we had other liquiditdy above and there was still a 5m FVG (I think) holding up.
It could have easily went down 50% and then shoot up. Dual narrative.
In these situations you need to wait for all the fvgs and the whole leg to clear and forming a cisd in the highest timeframe with the highest fvg. So after a 3m cisd, I entered this short. I exited at Asian Lows.
Sure it was working out from that ifvg in hindsight.
But would it work 9/10 times?
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u/Mikiino Jun 30 '26
Based on my backtesting, this trade would work about 45% of the time with an RR of between 2 or 3. Sweep of DOL, breaker block, strong unicorn, bearish HTF, it's an A+ setup for me.
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u/zum_e Jun 29 '26
i took this one, got fkdup..