SETUP 1: Break and retest of trendline and support. Depending how price forms, this setup may be taken below or above the entry spot shown.
Confirmations: Retest to the trendline or support, doji, engulfing candle. 200ema retest.
TP: Next resistance higher.
SETUP 2: Push lower off the trendline and resistance, 200ema resistance.
Confirmations: Doji, engulfing candle.
TP: Next support.
Confirmations: Retest to the trendline or support, doji, engulfing candle. 200ema retest.
TP: Next resistance higher.
SETUP 2: Push lower off the trendline and resistance, 200ema resistance.
Confirmations: Doji, engulfing candle.
TP: Next support.