2. Rejecting nicely from the Fibonacci 50% resistance -> was also previous HL.
4. 4H chart creating a shooting star
We have 4 confluences.
Please if you have experience in trading and have a different opinion leave comments and say why as I'm looking to improve my trading analysis. <3
I entered a short trade after the candle closure on the 4h charts.
After rejections from 50% fibonacci.