Bias: Shorts
R:R - 4:1
Confluences
Macro
3 Month - Current Quarterly candle rejecting Q2 High at price zone 4460.0
Weekly - Previous two weekly candles pulled back and retested price zone 4500.0 Weekly key
level
4h - Trading in a current Bearish market condition
Micro
15min - Yesterdays US session zone used as entry zone
5min - Timeframe used as entry point
Remarks: Not as strong confluences used for this trade in comparison to previous trade (US30USD) but still trading within a bearish condition market per 4 hourly chart. Thus risk is minimal.