Confluences for this trade.
1. Price has filled orders of the wick, now we are starting to consolidate, price is also wicking $17 showing us where sellers/shorts are trying to step in.
2. We have an Evening Star Candle @ $17. The Evening Star Candle is a candle which indicates a potential reversal in price.
3. Looking for the lows on higher timeframes to be broken to head lower
TP - $12,$11,$10
1. Price has filled orders of the wick, now we are starting to consolidate, price is also wicking $17 showing us where sellers/shorts are trying to step in.
2. We have an Evening Star Candle @ $17. The Evening Star Candle is a candle which indicates a potential reversal in price.
3. Looking for the lows on higher timeframes to be broken to head lower
TP - $12,$11,$10