after the price crossed the lower line of our channel, we clearly see that pullback is doing its best. considering the daily timeframe with a very strong solid red candle, we should have our eyes on the chart to get a candlestick formation as confirmation to enter a short position if everything goes well.
the second scenario is shown by the dashed arrow.
The best confirmation TF would be the 1H TF.
Goodluck...
the second scenario is shown by the dashed arrow.
The best confirmation TF would be the 1H TF.
Goodluck...