SETUP 1: Resistance(Price is at the top of the channel). Entry: Bearish candle. SL: Just above resistance. TP: Bottom of the channel.
Note:This is a short term trade to be executed on the 15min chart.
SETUP 2: Resistance, Higher lows. Entry: Bull Confirmation candle on the break and retest of current resistance. SL: Just below the low of the retest candle. TP: 1.166