Price BO strongly from a bull channel at an obvious resistance area Follow throw candle not particularly strong but acceptable Price is pulling back slowly Be ready to enter short based on your style (50% pullback, signal bar, lower TF signal, Fibo) it doesn't matter the context is good Stop should be above the top of the BO and in any case should be reasonable (smaller stop means smaller probability but less risk)
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entered on the trade.. initial stop above 88.083. if the candle close to a new low move the stop above the most recent lower high