This pair struggled to break the kumo before finally getting the push out towards the end of last week.
I am looking for a retest of the edge of the kumo and price structure to form a good rejection candle to enter my sell.
I've drawn out a couple targets but you can see the major price structure level I'm aiming for that lines up with the flat bottom of a previous kumo.
If we fail to get the drawback to our entry level or if our bearish confirmations change, then this setup may become invalidated.
I am looking for a retest of the edge of the kumo and price structure to form a good rejection candle to enter my sell.
I've drawn out a couple targets but you can see the major price structure level I'm aiming for that lines up with the flat bottom of a previous kumo.
If we fail to get the drawback to our entry level or if our bearish confirmations change, then this setup may become invalidated.