With Cyclicty of Phase 1(Trend) and Phase 2(Pullback/Retest) as cycles.
D1 - High TF( HTF)
H4 - Intermediate TF
H1 - Lower TF (LTF)
Entry :
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Taken trade at Start of Phase 1 in Intermediate TF and in LTF cross of 8 below 20 EMA and Bearish Engulfing at the Key Resistance.
SL : Recent high
TP : Risk:Reward = 1:2
