There was good downward momentum (highlighted in green), a pause in the market and the another good show of downward pressure (also highlighted in green). The double inside bar (circled) is a good base point for the market to bounce back off of once momentum (however, nothing works all the time). Happy to place a sell limit at the low as indicated.
Good clean price and clear market structure as seen by the Descending wedge. Good show of momentum to break the high (marked). Happy to set buy limit as indicated.
