NJ short. mini ascending inside a larger pattern at value.

Price is approaching a key value area.

We have a 3 touch trend line coming down from the main channel as well as a mini ascending channel that has formed at the end of the bigger ascending price structure.

Will be looking at how price reacts to the top of the mini channel on the 1hr chart looking for a rejection off the mini ascending channel as the entry.

Order cancelled:

Price Impulsed through key area and never gave an entry.