We will be waiting for a correction on lower TF to short.
On the higher TF we have the shape of a correction, we should be looking for a retest of the last low, if you like to hold trades this a good RR.
We can initiate short position if we get a decent pullback on the lower TF to any indicated zone.
watch the 8K & 7300 zone for any continuation pattern to the upside.
Trade Safe & Risk Management is your key to success.
We are looking for one more Higher High which we will not trade.
We will be initiating any long term shorts and trading the lower TF short setups only.
Have a Happy and Safe Trading.
Always check your Risk Management its your key to success in this Business.
Completing an ABC formation on the Daily TF, we will be looking for buy setups on lower TF ( 1hr&30min).
Even if we break the low the formation is still valid and we will be only looking for buy setups.