long ...
price reached the 4h swing point
getting out
fading...
4h is in a down trend after the price retraced from a daily swing point . 1h made double high and a pin bar have formed .I'm entering short and stop loss is at 1.0660 . risk/reward is 1:2
but looking ata the 4h two highs from the daily swing and the daily down trend , i will be looking for a short
price is trying to get back inside the rang again . the 4h formed a higher high that closed above the 4hour range line / daily swing point . the 1 hour has formed two lows from the new 4h swing point