Looking for a retracement into the 61.8-78% area before entering a short position.
Located a large imbalance in that area which could provide a good resistance framework.
Also located a stutter candle which may provide a good entry point for a lower pip SL and therefore, a larger R:R ratio.
Looking for a market execution once my analysis is confirmed.
Located a large imbalance in that area which could provide a good resistance framework.
Also located a stutter candle which may provide a good entry point for a lower pip SL and therefore, a larger R:R ratio.
Looking for a market execution once my analysis is confirmed.