Get below Daily S/R, Short till next S/R. Invalidation break above trend line or flip Daily S/R on 4h to support
The Trend line is daily graph, so might not look valid on 4H.
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Biden speech at 15:00 GMT. things are looking good for clean entry, but if speech are very hawkish, price not give retest for a clean entry (if it goes down)
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Trade active
Starting to getting toes wet. risky before speech, but sure it will be like most others just a nothing burger
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Reason.. starting to breakout of trend. and knowing PA latelty , the probability of clean retest is slim ..
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All in, good enough retest for me.
Trade closed: target reached
Dangg. This was suppose to be weekly swing.. lol. O well. Cant complain, onto the next
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