Looking for sells at 50% (or higher) retracement of the recent Daily bearish candle that broke structure to the left.
Looking to Short from these 2 POIs; First Entry at 38% with SL at 50% & 2nd Entry at 61% with SL at 78% Fibonacci Level, if the zone doesn't hold or take us to TP. We need the bears to step in the that level to continue the momentum down. Otherwise, the market will retrace deeper into premium levels before dropping to potentially create a new low.
Looking for retracement on the impulse move for reentry
Overall I'm looking for sells. There are buy entries but just a lot riskier
If you decide to take this idea, remember to do so with RISK MANAGEMENT.