Price has been bullish for the past three weeks, making new higher highs and higher lows. In between this month, a clear double top pattern near the recent high high which could possibly confirm a reversal pattern.
Comment:
Timeframe is important an factor in making trading decisions because we you get to know when to exit and re enter a trade (as with this set-up; entered Wednesday NYC and exited at the end of the session that day) because of the analyses you have set out. The retest theory of doing it once and doing it again just to make sure you are correct is something to consider how I feel about entering and probably doubling my initial margin or making break-even and exiting. I keep the same analyses unless the market completely indicates that it is completely wrong therefore learning again and trying to figure out why i was wrong.