Rejection from Fibbs and trendline

Updated
1. Good RR with stoploss above structure
2. Pin bar rejection from the fibb level
3. Volume is low on the pullback
4. Rejection from trend line.
5. Lower close of previous low in 1hour time frame. Good reason for entry
Comment
Take some profit and set SL to breakeven
Comment
Bearish momentum continues no reason to close our short.
1. Rsi not over sold
2. Price action printing lower lows
Comment
snapshot
Comment
snapshot

Pullback to structure + confluence with 0.5 fibs , can add small position.
Comment
Close some positions and let the rest run at breakeven SL.
Beyond Technical AnalysisChart PatternshangsengindexHang Seng HSI hsiforecasthsisellhsishortshortsetupTrend Analysis

Disclaimer