As I trade with ichimoku, a highly resistant area is shown between 1978-1887 on 4H chart which called cloud resistance (Pressure) .For short trading, I most likely guess the candles going to fall around this zone and try a new retest on the upper channel. Therefore the drop may continue to green demand points respectively (1863,1855,1842). By considering the conditions and your risk management, you can trade with peace of mind. Don't forget to relocate your stoploss to make your trading out of risk. But for a long trading, since an inverse head & shoulder pattern is been forming in 1H chart, It can upside to 1907 for its first TP point. These analysis is not recommended for your trading. It just shows a roadmap.
Kommentera:
Correct the spelling ( resistance 1878-1887 )