Price is at a Weekly Resistance Zone, and has been rejected initially.... With 1) H1 & D1 Stochastics in overbought zones, 2) H1 has a bearish cloud future and 3) H1 Tekan-sen/Kijun-sen bearish cross over
I am looking to short if the Current H1 candle is rejected by the kumo cloud SL = 54.75 above H4 Tekan-sen TP1 = 53.75 (around H4 Kijun-sen level) TP2 = 53.40 (around D1 Kijun-Sen level)
Trade with care, plan your trade and trade with a tested strategy...