We are in the Overbought area on the 1D chart. On the 4-hour chart, after returning from the overbought zone, a support was formed which was subsequently broken.
This is a clear sign of entry.
I plot my risk/reward at 1:4 as on the chart.
This is a clear sign of entry.
I plot my risk/reward at 1:4 as on the chart.
Trade closed: stop reached