1. Major trend is bearish 2. We got break of triangle with nice forming 123 or ABC pattern (LL->LH->LL...) 3. 3rd touch of resistance trend line gives even more confidence. 4. Price is currently sitting on structure from previus swing low (support became resistance) 5. We also have fibonacci retracment 50%
Enter on D1 waiting for pin bar, engulfing or any candle which you trust... you can simply wait for heiken ashi D1 close below 23 trendline (break of 123)....For more conservative entry with even smaller stop loss enter on H4/H1 after 23 break.
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