ADA/USDT Shorting Pinbar at 4H Resistance

ADAUSDT

Short position on pin-bar at 4H resistance.

Stop placed above boxed out, relative key rejection zone that's held for around 6 days.

Targeting lower support for a 1:45R with potential trouble area around 0.08085 still offering 1:1R

Dagangan aktif:

Went to sleep on this one assuming I'd wake up to a green screen.

How my stop didn't hit i don't know. Good placement and a dash of luck i guess.

Will manage today and hopefully watch market structure play out to the downside.

If entry zone looks to become support cut the trade.

Dagangan ditutup secara manual:

Closed tarde out at B/E.

Entry level now looks like it could be closer to forming support on both the 1H and 4H.

At this point i feel I'm shorting support and a newly formed lower high and thats not part of my system.