1. Good RR with stoploss above structure
2. Pin bar rejection from the fibb level
3. Volume is low on the pullback
4. Rejection from trend line.
5. Lower close of previous low in 1hour time frame. Good reason for entry
2. Pin bar rejection from the fibb level
3. Volume is low on the pullback
4. Rejection from trend line.
5. Lower close of previous low in 1hour time frame. Good reason for entry
Note
Take some profit and set SL to breakevenNote
Bearish momentum continues no reason to close our short.1. Rsi not over sold
2. Price action printing lower lows
Note
Note
Pullback to structure + confluence with 0.5 fibs , can add small position.
Note
Close some positions and let the rest run at breakeven SL.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.