The main trend on the daily chart has a bearish bias as shown by the pitchfork setup. Price at the moment is near SR and the median parallel line, There's a high probability for a short towards the median line (in red on the left). Price needs to make clear bearish moves first.
When price makes those lower lows, there's an entry possible for a 1:3.2 RR ratio trade.
Comments or idea's, let me know below.
Thanks and good trading!
Trade closed: stop reached:
Based on new entry
Trade closed manually:
Had this trade open for 2 weeks now, will close it manually in profit