Short Swing Setup: - Sell Limit - H4 swing trade therefore much large stop and less profit - Daily might form a big pinbar - Rejection on strong resistence level - One stop only (1% risk) - Expiry end of today's US session
I'll say price is looking to make a retest at the resitance level and would likely get pushed up, otherwise would fall back into last week's initiated trading range.. let's wait and see
tradingfrog
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@Deluxerockz, true good point, high is getting higher. I would like to see it break through and test 1.11437 will be good for a lower timeframe fishing trade to take it down back to this resistance again. Either way well see