We have our impulse, now we wait for the retest and we enter on continuation.

1. Reversal within the channel
2. 3rd touch on the smaller 15min channel (Top Part)
3. Candles have reduced in size, indicating a smaller demand = less supply
4. Impulse bear candle
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.