Trend: Bearish
Structure: Support and resistance
Plan: We had a similar trade to this a few days ago. The same setup has appeared again presenting a short opportunity.
Use good risk management on this as price has some what made higher lows, however price appears to still be respecting the upper resistance level.
Structure: Support and resistance
Plan: We had a similar trade to this a few days ago. The same setup has appeared again presenting a short opportunity.
Use good risk management on this as price has some what made higher lows, however price appears to still be respecting the upper resistance level.