Idea: Short around 168.9 - 169.2 (RR Ratio 3+)
Reason: Major resistance/support zone, 1h 2h 4h daily candle shows potential signs of retracement
Additional indicators used to support the case: Upward channel breakout, Awesome Oscillator 4h divergence
TP: Based on key resistance/ support level
SL: Above next resistance/ support level 170
Key targets (Short-mid term): 168.5, 168.2, 167.9, 167.4, 167.0, 166.6, 166.3, 165.9, 165.5, 165.2, 164.6, 164.1
Reason: Major resistance/support zone, 1h 2h 4h daily candle shows potential signs of retracement
Additional indicators used to support the case: Upward channel breakout, Awesome Oscillator 4h divergence
TP: Based on key resistance/ support level
SL: Above next resistance/ support level 170
Key targets (Short-mid term): 168.5, 168.2, 167.9, 167.4, 167.0, 166.6, 166.3, 165.9, 165.5, 165.2, 164.6, 164.1
Trade closed: stop reached:
Update: Closed short from said zone, new sell zone is 170+