I am using d1 line chart to find TL resistance to the confluence.
Depending on how I see this, I have two options:
1: Take into 1234 context with powerful macd divergence and enter on LOBSOW retracement to f6 downflow. Anyway it looks like a small bear flag in progress.
2: Enter on breakout of triggerpoint trigger
Whichever way of entry, is ok so long that way is most appropriate to minimize SL pip risk and maximize lot size. More importantly is to adhere to concept of BLSH.
the short setup was awesome in the sense that price bounced right from the support area identifed. It shows that d1 line charts SAR are clearly working and I look forward to mixing them in a lethal combination.
However, I did not trade the short as price plunged early in the 1st hour of monday.
I could not get the best price, but my conviction on h1 1234 with macd divergence have increased.