if we go on 1 day tf we can notice that price is pulling back to its 21 day ema and 50 % fib levels 4hrs tf we have an continuation OB at the same level setup continuation OB ( inside bar ) huge impulsive move creating imbalance and price should come back to mitigate this level Entry - OTE _
view short bos 1 hr price mitigation to origin poi enrty - optimum trade entry 50 % of POI
1. wedged breakout 2. supported by a bearish candle pattern risk to reward 1:3
enter a shot position if the level of 52.33 is broken and candle is closed if the breakout is with volume enter at the pull back near support 52.33 target will be support level 51.80 and stoploss shall be vwap or a few pip above the trendline resistance will decide that if entered the trade
going shot if 1. a strong bearish candlestick pattern is formed near resistance 2. breaking the wvap in 30 min candle target shall be few points above support stop loss few points above resistance 1
reversal candle appeared long if a breakout then shot ti fab retracement
price action rejection at support
go long as a hammer is formed at support target resistance and rsi show over sold