We have these indicators for SELL opportunity:
- Low volume to continue the current direction
- Reflection from the top of the parallel channel
- Return/re-test to 3M high (min. for TP1)
- Stong resistance line – zone with ATH
We define 3 goals:
TP 1 = 80 pips
TP 2 = 200 pips
TP 3 = 400 pips