After a push up last week this pair finally settled back downward at the edge of the kumo support.
We are breakout out bearishly right now so I've set my entry line a little below recent price structure.
If we can break that level I'll enter my sells and aim for price structure lows you can see to the left.
I've also drawn out a couple partial take profit levels to aim for along the way.
If we fail to break price structure support or if our bearish confirmations change, this setup may become invalidated.
We are breakout out bearishly right now so I've set my entry line a little below recent price structure.
If we can break that level I'll enter my sells and aim for price structure lows you can see to the left.
I've also drawn out a couple partial take profit levels to aim for along the way.
If we fail to break price structure support or if our bearish confirmations change, this setup may become invalidated.