Based on bearish higher timeframes, we are scaling into current price action.
We failed to create a new higher-high to continue countertrend, thus giving us opportunity for possible sells / shorts.
Entry is based on fib-retracement snipe zone, institutional candle, overall trend and minimum Risk:Reward 1:4.
Possible areas to Take Profit are the moneybags. Could swing into 4H POI from previous post.
We failed to create a new higher-high to continue countertrend, thus giving us opportunity for possible sells / shorts.
Entry is based on fib-retracement snipe zone, institutional candle, overall trend and minimum Risk:Reward 1:4.
Possible areas to Take Profit are the moneybags. Could swing into 4H POI from previous post.