Retesting broken resistance level.
Long position - looking for wick rejection prevent price to fall below.
Short position - if key level breaks below creates a new lower lowers and retest as a resistance level as a lower high.
Note: 4hour, 1hour Price traveling below 100SMA
Key support level break. Only take a trade if there is a strong volume to push the price down. If not, abort mission.
Stop lost placed above Vwap (which is in between the Support and Resistance level). 1 Risk : 2.5 Reward.