Macro Downtrend, Micro Uptrend, Intraday Uptrend: Trend Reversal Short

Lesson/Review

1d:2m (Trend Reversal Short)

    - This was a super clean trend reversal short trade where we create a new lower high on the micro timeframe and then once that is confirmed we sell off massively to the downside. This setup is one where there is potential for a large capitulation style move to the downside. When we are in a micro uptrend and we end up going back into the backside moves then we really can start to accelerate to the downside as bulls finally regained control. This trade up top is still a 2R trade which is the parameters of this setup but in this specific Macro Bear, Micro bull, Intraday Bull scenario it is imperative that we are always prepared and ready for the next lower high and that large downside 10 point plus move.

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