1hr-4hr SHort
Updated
Risk Reward 2
Strong Res Level and part of the larger DOwn Trend and resistance is being tested now.
1h hr timeframe has breached up into the sellers resistance zone as marked on chart.
WAIT for signs of buyer exhaustion here. It may shoot through with fakers before retracing back downwards with the larger trend.
Once exhaustion is clear, look to sell down to previous levels it held at.
Strong Res Level and part of the larger DOwn Trend and resistance is being tested now.
1h hr timeframe has breached up into the sellers resistance zone as marked on chart.
WAIT for signs of buyer exhaustion here. It may shoot through with fakers before retracing back downwards with the larger trend.
Once exhaustion is clear, look to sell down to previous levels it held at.
Note
Trade Successfully developedNote
TP 1 SuccessTP 2 1.31300
Note
TP2 Success1400 point movement
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