AB is a Range confirmed by CDEF. 'A' being the resistance and 'B' being support of the range. 'GH' has broken the support and given Acceptance below with candle 1 & 2. 'HI' is the first pullback into the Range following which a Short is taken on the Test of the Support level from below.
Target : First Target will come at 1:2 RR Second Target can be trailed with respect to priceaction. Once the first target is attained stop loss can be moved to break even on the remaining position