I am attempting a scalp to that resistance level, and will continue paying attention for any larger correction "sell setup" as it could be making a flat pattern potentially. This is considering how it trapped buys at the trend line like that and the fact that it did a 5 wave down and a 1-2-3 correction.
Comment:
nchf hasn't moved. Closed my scalp negative 8 pips. The real sell entry was up at correction at trendline. It may continue down but can be measured by trend fibs as small 7 swing pattern. I am waiting for a better setup. I aint swinging this at the level it is at. I would like more of a 4 hr correction. My uchf sell I took this morning did well with my EU buy. I cut this loose... for now, and will look ahead to FOMC. For setups at that time.