1) Seems there is a DB about to be completed on the 1HR Chart. (This is the entry technique)
2) The price is at a major level of structure
3) Loss of momentum from price action is evident as indicated by the RSI (OS) as well as a falling channel.
4) Target are aimed at previous level of structure
5) Stops are ATR-based
Trade Your Plan, Plan Your Trade
all the best
2) The price is at a major level of structure
3) Loss of momentum from price action is evident as indicated by the RSI (OS) as well as a falling channel.
4) Target are aimed at previous level of structure
5) Stops are ATR-based
Trade Your Plan, Plan Your Trade
all the best