Since our previous analysis was hit with a breakeven (not loss because no body closed above our zone, and I've warned that when price drop don't forget to set a stoploss since I said that previous trade was fall under high risk category) this might be a new re-entry for sell to complete wave C in corrective wave before rally to complete 3rd wave. TAYOR
Comment:
Ignore this setup IF new Higher High is created, or Price has reached to 1st TP zone without testing our Entry zone
Trade closed: stop reached:
Unfortunately it hit our stoploss. It's okay, we'll get en next time. Happy Holiday!!