1) Price has created a double top on 4H TF
2) Price has broken support (large red rectangle)
3) Price has retraced to test support, (New resistance)
4) Price has created a triple top on lower timeframe and currently retesting it
5) Enter on rejection OR go to lower timeframe for better entry with tighter SL
2) Price has broken support (large red rectangle)
3) Price has retraced to test support, (New resistance)
4) Price has created a triple top on lower timeframe and currently retesting it
5) Enter on rejection OR go to lower timeframe for better entry with tighter SL