Tick perfect entry MNQ - Renko S&R

This trade came together beautifully—solid structure, strong confluence, and even a touch of luck with some favorable slippage.

✅ Trend Context:

  • EMAs were pointing down, giving me clear short bias.

  • Price broke structure with a lower low, confirming a bearish continuation setup.

📐 Setup Details:

  • Drew the Renko S&R zone once the previous low was taken out—making it a valid, tradable level.

  • Trendline break added a secondary layer of confluence to reinforce the idea of continuation.

  • Took the short with a tick-perfect entry as price retested the Renko S&R.

🎯 Exit & Bonus:

  • Target was hit quickly—with a little slippage in my favor, which is always a welcome bonus!

  • Even more satisfying? Price ended up moving all the way to another Renko S&R level below—a great sign that the zones are being respected.


This is the kind of trade I love

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