I will be looking for a retest on that level of support which is now resistance to look for a opportunity to sell in a case of rejection from sellers. But if you look closely there is three level so three entry point depending on the candle price action. Thought , critiques and opinion are welcome.
Commento:
seems to have found resistance on 121.427 on 1hr tested twice lets see if the price reject or break it for us to enter.
Commento:
If not we are just gonna carefully watch our main entry zone 121.825 & 121.618
Commento:
Apparently the level is holding and we have a spinning top candle which might suggest we could get an engulfing candle but that setup does not qualify for my entry rules so i wont take it.