YM intraday pattern
10-min broadening pattern; one can use it to formulate a bearish target. So trading the break of Fuzzy C support outlined in the earlier post today, one can short 12570 with a stop over intraday high, risking 25 points, to target 70 points for r/r of 2.8. Personally, I shorted 12576 today and so my r/r is better than that (risk 20 target 76; r/r is 3.8). With 5 contracts I risk $500 to make $1900. Considering the daily count (5th completion zone) and the fact there is a regular hours gap at my target area, my chances of success are very good. And if the setup fails, I can at least feel good that the setup made complete logical sense, the r/r was favorable, and the execution was perfect. Can’t ask for more than that.
