Analysis
Entry reasons:
1. Daily support become resistance.
2. Daily swap zone.
3. M30 market structure broken. (with confirmation).
4. H4 supply zone is at 0.5 fibonacci retracement. (entry point).
5. Daily bearish engulfing.
Possible exit reasons:
1. 1:5 risk to reward ratio achieved.
2. Next daily demand.
3. Next daily support.
4. Reversal in M30 market structure.
Entry reasons:
1. Daily support become resistance.
2. Daily swap zone.
3. M30 market structure broken. (with confirmation).
4. H4 supply zone is at 0.5 fibonacci retracement. (entry point).
5. Daily bearish engulfing.
Possible exit reasons:
1. 1:5 risk to reward ratio achieved.
2. Next daily demand.
3. Next daily support.
4. Reversal in M30 market structure.
Trade closed: stop reached