1. Overall uptrend. 2. BCR market structure. 3. Rejection from Demand zone and 200 MA. 4. Please correct me if I am wrong but I see Morning Doji Star pattern on 4 hour chart. 1:3 Risk-Reward Ratio
1. Overall downtrend. 2. BCR market structure. 3. Rejection from 61 Fibo and 200 MA. 5. Bearish Pin bar on daily chart.