Bears could cause major selling around 1.30

Previous support now turned resistance on monthly time frame. If price begins trading around this area, then I'll begin looking for bear candles on the daily time frame. If I see bear candles on the daily time frame, then I'll move to the 1H time frame and place sell limit orders at previous market levels.

Kommentera:

Bear candle posted on the daily time frame.

Kommentera:

Rough look at entries and stops on 1H time frame.