retracement from a resistance after an over extended impulse.
Kommentera:
if it closes above the upper resistance with a green candle(>50% of the body above the line) then this setup will be invalidated. look for buy then.
Kommentera:
its in the zone. Now wait for a lower close candle to enter.
Kommentera:
those who wants to enter, place sell limit to the entry shown in the chart
Kommentera:
those who wants to add position they can do so now.