Reasons for the trade:
1. BROKE OUT OF THE DAILY TRENDLINE ( market reversal)
2. Created a new lower High
3. Major rejection in the area on the Weekly Timeframe ( a lot of wicks on top of candles on the weekly)
4. Wait for pullback and rejection on lower timeframe to enter position
1. BROKE OUT OF THE DAILY TRENDLINE ( market reversal)
2. Created a new lower High
3. Major rejection in the area on the Weekly Timeframe ( a lot of wicks on top of candles on the weekly)
4. Wait for pullback and rejection on lower timeframe to enter position