Bearish sentiment prevails today due to a contracting 1H ATR, signaling potential chop ahead. 📉
As we navigate this bearish bias, our strategy emphasizes caution with fewer staged entries. Today's focus should be on respecting a maximum of 3 staged entries, especially since the lack of volatility could lead to false breakouts. If we see a failed expansion or reversal of structure, be prepared to reduce engagement. Over the past 30 days, we've maintained a 67.74% win rate, reflecting the importance of disciplined risk management, including the use of stop-losses and trailing stops. ⚖️
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Not financial advice.