Sellers starting take control the market for a short term movement. However, this is counter trend entry which quite risky as the major trend still in uptrend. Can use this analysis for short term entry only and need to monitor price action to the entry point. Risk 60 pips away from entry and 150 pips reward. Happy trading!
Trade closed: stop reached:
Hit SL. Price moves in strong bullish momentum as the major trend still in uptrend.