Break out and retest with strong rejection to down side. Entered trade
Entered @ 139.525 Stop los @ 139.250 TP @ 140.500 2% RISK Entered because of engulfing candle in 1 hour Hit golden zone with strong rejections
Market broke consilidation zone & retraced. Waiting for an engulfing bullish candle
Waiting for engulfing bearing candle for entry Looking to short. Note: I believe market is retracing right now and after that it will continue its bullish run. So i am counter trend trading. I believe market will go down to my "Buy area" (green box) because of the liquidity caused a huge bullish candle from the previous market structure.