Trade idea: wait for market to break support, wait on re-test after wick rejection at zone of resistance enter bearish SL above structure TP 3x risk
else, Wait for market to retract to resistance after wick rejection wait for break of support level and on retest wait for wick rejection this will give enough confluence to enter short SL above structure TP 3x risk
when market touch support it gradually moves up to resistance when touching resistance it gradually moves to support until structure no longer holds, and breaks through
market in an up channel looking for selling opportunities market was at low price rejecting bottom up trendline
best possible sell will be at channel resistance or break below support and wait on retest
about 400 pips away from daily fib target at current price