Sellers still in control of market but showing some weakness as bearish bars are getting smaller followed by doji/pin and then bullish confirmation candle.
Bigger time frames are in strong downtrend (4 hour/daily) so very small lot and mostly to test a doji/pin theory.
target is purple line
Trade active
Trade closed: stop reached
Note
Not a high probability trade as expected. Will continue to test this theory out in small lots but with better odds in my favour
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.