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1. Multiple times tried to break out
2. Weakness in global economy
3. Trade Tensions
4. Hong Kong Riots
5. Hourly Oversold
Trade according to chart at your own risk
If goes above the stop loss trade set up is invalid.
Most likely going to hit support 1 & if that breaks continue to support 2 and then bounce up, If both supports are broken that invalidates the trade.
Set you stop losses
Enjoy trading & every loss is a lesson