As you can see price struggled to break through level 1.55934,
this was the resistance level for last month, monthly candle stick. The price may attempt to break this level again, however, if it fails and breaks trend - line A then we'll wait for a four hour candle to open below the 2 StdDev on the BB. I'll use ...
This is a strategy that I developed called "bedding",
the trend-line was drawn on a daily time frame,
I'm hoping for a new four hour candle to open below trend-line "A" and then the order will be ok to execute because price has
also dropped below the "2 stdDev" on the bollinger band.
Targeting level 1170.95 as ...