Watching this one as a simple break and retest of the 4H support zone.
Will wait for price to retrace into that area and act as resistance.
Carefully monitor price action around that area before taking a short.
Candles must show sign of rejection - you can drop to the lower time frames to get a better entry.
Good RR possible.
Remember to use risk management and don't rush the trade.
Will wait for price to retrace into that area and act as resistance.
Carefully monitor price action around that area before taking a short.
Candles must show sign of rejection - you can drop to the lower time frames to get a better entry.
Good RR possible.
Remember to use risk management and don't rush the trade.