My first post. What you think?
I would look at a possible sell trade here IF:
(1) price retests the newly created resistance and gets rejected
(2) price does a breakout of this correction with strong bearish momentum e.g. bearish flag
(3) If conditions 1 & 2 are met then I enter sell at the breakout with my stop loss above the correction and I'll aim for a 1:2 RR at minimum.
No confirmation no trade.
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